English: Plots the event time returns of buying stocks based on earnings announcements, adjusted for the average announcement return, using data 2010-2020, replicating Fig 5 of Martineau (2012, Critical Finance Review). Created using code found here: https://github.com/chenandrewy/figs_for_wikipedia/blob/master/ball_brown_update.r
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Captions
Replication of Martineau's (2012) Replication of Ball and Brown (1968)