Heroes, just for one day: The impact of Donald Trump’s tweets on stock prices
نویسندگان
چکیده
We analyze the effect of Donald Trump’s tweets on individual stock returns. use intraday (minute-by-minute) data in order to uncover causal effects prices and trading activity. find that cause increased activity but do not have lasting prices. also evidence abnormal returns, volume investor attention before tweets. This finding is consistent with providing new information rather being comments events happened, already attracted attention, tweet.
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ژورنال
عنوان ژورنال: Journal of Behavioral and Experimental Finance
سال: 2022
ISSN: ['2214-6369', '2214-6350']
DOI: https://doi.org/10.1016/j.jbef.2021.100594