Ding, Qinxu; Guan, Chong; Yu, Yinghui - In: FinTech 5 (2026) 1, pp. 1-20
We examine whether aggregate "music mood" derived from globally popular songs can help forecast primary equity issuance. We build a Friday-anchored weekly panel that merges SEC EDGAR counts of priced Initial Public Offerings (IPOs) with features from the Spotify Daily Top 200 (audio descriptors...