1. It will be reported after market hours. It is not confirmed.

2. It will be reported after market hours. They are not confirmed.
( Which one is grammatical? What does 'it' or 'they' refer to?)

2 answers

There’s no clear antecedent for ‘it’ or ‘they.’

The first pair of sentences seems to be the better choice since ‘it’ is present in both.
#1 seems to imply that the report is not confirmed.
#2 seems to imply that the market hours are not confirmed.
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