Re:Equifax Faces Multibillion-Dollar Lawsuit Over Hack
by incompatible on Friday September 08, 2017 @11:23PM
(#15205410)
It depends on how well the proposed multi-billion dollar lawsuit goes. It's reasonable that the stock price would include a risk premium.
"This is not financial advise:
I remember a few commentors on HN recently saying they have made large gains by buying stock of companies after the news of cyber security breaches significantly reduced the share value, then waiting for the dust to settle(reaction-news-cycle to complete) and price to return to similar value after a few months."
Hopefully this time will be different, but I doubt it.