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

Karl Shutes; Karen McGrath; Piotr Lis; Robert Riegler

doi:10.18559/ebr.2016.3.5

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

Karl Shutes, Karen McGrath, Piotr Lis, Robert Riegler

Economics, Finance and Entrepreneurship

Research output: Contribution to journal › Article › peer-review

Abstract

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.

Original language	English
Pages (from-to)	57-77
Journal	Economics and Business Review
Volume	16
Issue number	3
DOIs	https://doi.org/10.18559/ebr.2016.3.5
Publication status	Published - 31 Aug 2016

Bibliographical note

This journal is the open access and non-profit enterprise. The published papers may be collected, read and downloaded free of charge. We have adopted a Creative Commons licence CC BY-NC (Attribution-NonCommercial)

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10.18559/ebr.2016.3.5

TWITTER AND THE US STOCK MARKET
This journal is the open access and non-profit enterprise. The published papers may be collected, read and downloaded free of charge. We have adopted a Creative Commons licence CC BY-NC (Attribution-NonCommercial) .
Final published version, 3.88 MBLicence: CC BY-NC 3.0

Cite this

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

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