The recent mania of Reddit darling GameStop raises questions about social media’s impact on the behaviours of institutional investors such as mutual funds. We examine whether and why mutual funds hold “sentimental” stocks that are heavily mentioned or with bullish views on social media....

In contrast to mandatory information disclosures, social media offer companies the opportunity to communicate with investors with few constraints on frequency, content, and format. To investigate the use of social media by asset management firms, we collect a database of 1.4 million Twitter...

Nowadays we are faced with a growing number of people using social media. The most popular of these are YouTube and Instagram. Their users are exposed to the content generated by influencers - social media creators with loyal audiences. The aim of this paper is to investigate the impact that...