Twitter and the US stock market: The in influence of micro-bloggers on share prices


With the increased interest in social media over recent years, the role of information disseminated through avenues such as Twitter has become more widely perceived. This paper examines the mention of stocks on the US markets (NYSE and NASDAQ) by a number of financial micro-bloggers to establish whether their posts are reflected in price movements. The Twitter feeds are selected from syndicated and nonsyndicated authors. A substantial number of tweets were linked to the price movements of the mentioned assets and an event study methodology was used to ascertain whether these mentions carry any significant information or whether they are merely noise.

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Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
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Publication ISSN: 2392-1641
Last Modified: 17 Jun 2024 07:40
Date Deposited: 17 Apr 2019 09:24
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Related URLs: http://www.ebr. ... bstract-57.html (Publisher URL)
PURE Output Type: Article
Published Date: 2016-08-31
Accepted Date: 2016-08-05
Authors: Shutes, Karl
McGrath, Karen
Lis, Piotr
Riegler, Robert (ORCID Profile 0000-0002-0423-5080)


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