Market moving information is a term used in
stock market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange a ...
investing, defined as information that would cause any reasonable investor to make a buy or sell decision. It is also sometimes referred to as
material information
A material is a substance or mixture of substances that constitutes an object. Materials can be pure or impure, living or non-living matter. Materials can be classified on the basis of their physical and chemical properties, or on their geol ...
.
When a public company insider fails to publicly disclose material, market moving information to everyone and only to certain parties, that is called
selective disclosure
Selective disclosure is a situation when a publicly traded company discloses material information to a single person, or a limited group of people or investors, as opposed to disclosing the information to all investors at the same time.
Material i ...
, an act that is prohibited by the
Securities Exchange Commission's
Regulation FD Regulation FD (Fair Disclosure),
Retrieved January 25, 2011.
.
Many types of events can be considered market moving information. A bad freeze in Florida can cause the price of orange juice to increase. An expected drought in the Midwest might cause corn or soybean prices to rise on fears of poor crop outputs and limited supplies. Statements by certain figures might also be market moving information. For instance,
Elon Musk
Elon Reeve Musk ( ; born June 28, 1971) is a businessman. He is known for his leadership of Tesla, SpaceX, X (formerly Twitter), and the Department of Government Efficiency (DOGE). Musk has been considered the wealthiest person in th ...
was fined by the SEC in 2018 for tweeting that he had secured investment funding sufficient to take
Tesla, Inc.
Tesla, Inc. ( or ) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from h ...
private, causing wild swings in the company's stock price.
References
Stock market
Information
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