Das, Sanjiv; Martínez-Jerez, Asís; Tufano, Peter - In: Financial Management 34 (2005) 3
We examine the information flow for four stocks over seven months to trace the relationship between on-line discussion, news activity, and stock price movements. On-line discussions support numerous unsubstantiated rumors, substantial on-point exchanges, and quick dissemination of imminent and...