However, the introduction of its stock to the market was, to put it mildly, unorthodox.
FORBES: Famously Disappointing IPOs
C. filings, Jericho State Capital was paid a ninety-thousand-dollar fee, plus stock warrants, for making the introduction.
NEWYORKER: Mayberry Man
Those who adhere to the random walk theory also point out that the timing of new data and news is unpredictable, and that stock prices react quickly to the introduction of new information.
FORBES: Are Stock Prices Random Or Chaotic?
To that end, a successful watch introduction could ultimately be favorable for the stock.
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The pollution began in 2003 with the introduction of ETFs that tracked highly-active stock picking strategies.
FORBES: Index Fund Pollution
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