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Related to Endogenous uncertainty: Exogenous Uncertainty
Uncertainty regarding a firm's state, or a financial situation that could be resolved if the firm would simply announce it. For example, speculative investing may increase prior to the release of an earnings statement, driving the stock price up or down because of the endogenous uncertainty stemming from the fact that the company has not yet released the statement. In other words, endogenous uncertainty is under the control of the company it regards. See also: Exogenous uncertainty.