Stock investors' reaction to layoff announcements: A meta‐analysis

Investors Sentiments To Mergers Announcement & Stock Market Reaction

The Past decade have seen a string of mergers and acquisitions both within India and outside by Indian as well as foreign companies. It is observed that the day after a merger or acquisition announcement sees flurried activity in the stock market with the shares of a firm either rising or dropping with the announcement. This paper examines if the stock market reaction depends on the announcemen...

a review of investors’ reaction to unexpected events in tehran stock exchange

unexpected economic and political events are considered important elements impacting investment decisions of the investors during stock transactions and changing the stock price in desirable or undesirable ways. the current study aims to provide a review on investors’ reaction to unexpected events in tehran stock exchange market. for this purpose, the daily returns of the period spanning 1386-1...

Institutional Investors and Stock Market

We present a theory of excess stock market volatility, in which market movements are due to trades by very large institutional investors in relatively illiquid markets. Such trades generate significant spikes in returns and volume, even in the absence of important news about fundamentals. We derive the optimal trading behavior of these investors, which allows us to provide a unified explanation...

Bond and Stock Market Response to Unexpected Earnings Announcements

This study examines whether earnings changes convey information in bond markets and finds a significant positive (negative) reaction to unexpected earnings increases (decreases). The results are consistetit whether earnings announcements precede or follow dividend announcements. Thus, earnings surprises convey information to bond markets and changes in firm value are split among bondholders and...

How dividend announcements affect stock prices