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- W2267668731 abstract "This study finds that return on the NYSE largest-cap portfolio significantly increases following the shock to the percentage change in NYSE odd lot purchase volume. Based on the analysis of monthly data from 1970M2 to 2012M12, the results reveal a causal linkage between return on the NYSE largest-cap portfolio and the percentage change in NYSE odd lot purchase volume. The findings suggest that purchase trades placed by retail investors, on average, help drive up future prices of large-cap stocks." @default.
- W2267668731 created "2016-06-24" @default.
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- W2267668731 date "2013-01-01" @default.
- W2267668731 modified "2023-09-27" @default.
- W2267668731 title "Can Retail Investors Drive Up Stock Prices?" @default.
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- W2267668731 doi "https://doi.org/10.2139/ssrn.2340801" @default.
- W2267668731 hasPublicationYear "2013" @default.
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