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- W2922854612 abstract "Abstract This paper tests whether sentiment extracted from social-media (Twitter), has pricing power towards stock market. Specifically, we evaluate whether firms’ intraday stock returns react to sentiment on the firm itself, and/or sentiment on the wider financial market. Using intraday high frequency stock returns for a sample of US companies, we show that price dynamics are susceptible to social-media sentiment pricing factors, with varying balances of importance for firm specific and market wide sentiment." @default.
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- W2922854612 date "2019-09-01" @default.
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- W2922854612 title "Social-media and intraday stock returns: The pricing power of sentiment" @default.
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- W2922854612 doi "https://doi.org/10.1016/j.frl.2019.03.030" @default.
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