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Survey Results: Ending Blackout Periods


1. Which factor is most important in allowing a blackout period to end one day after an earnings release: (select only one)

  Answer Responses Percent  
Filer status being large accelerated filer and a WKSI 13 18.8%
Number of analysts providing coverage on company 16 23.2%
Average daily trading volume for the company 7 10.1%
None of the above is important 33 47.8%

2. How many analysts covering the company is considered sufficient to allow blackout period to end one day after an earnings release: (select only one)

  Answer Responses Percent  
1-5 2 2.9%
6-10 18 26.1%
11-15 9 13.0%
16 or more 4 5.8%
None of the above is important 36 52.2%

3. What average daily trading volume is considered sufficient to allow blackout period to end one day after an earnings release: (select only one)

  Answer Responses Percent  
1% of its outstanding common stock 5 7.5%
$5 million or more in average daily trading volume (daily trading volume x stock price) 2 3.0%
$10 million or more in average daily trading volume (daily trading volume x stock price) 4 6.0%
$25 million or more in average daily trading volume (daily trading volume x stock price) 10 14.9%
None of the above is important 46 68.7%

 

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