Betzer, André; Harries, Jan Philipp - In: Financial Markets and Portfolio Management 36 (2022) 4, pp. 443-472
In January 2021, the stock price of NASDAQ-listed GameStop Corporation surged more than twenty-fold for no discernible … share price and surge in trading volume of GameStop is unprecedented. Using financial data, as well as an extensive dataset … of Reddit posts, we provide empirical evidence for the relationship of Reddit posts and GameStop (retail) trading. While …