Luo, Cheng; Ravina, Enrichetta; Sammon, Marco; Viceira, … - 2023
trade as contrarians after large earnings surprises, especially for loser stocks, and that such contrarian trading … limit orders, do not explain retail contrarian trading. Younger traders are more likely to be contrarian, and a firm …'s dividend yield, leverage, size, book to market, and analyst coverage are associated with the fraction of contrarian trades they …