We study the effects of the popular Mad Money Show on the attention of investors and financial markets. We find that the Show’s mentions/recommendations significantly affect retail and institutional investor attention, proxied by SEC EDGAR queries and posts on Stocktwits, that remain after...

We study Mad Money Show’s effects on investor attention and financial markets. Significant effects of Show mentions/recommendations on retail and institutional investor attention differ for buys and sells, emphasis allocated to a stock, and remain after controlling for potential moderating...