Does the impact to mobility due to state-level lockdown during the COVID-19 pandemic affect retail investors’ attention in equity markets? Using Google’s mobility, the lockdown dates, and companies’ Wikipedia page views data, we show that stay-at-home duration increases retail attention....

This paper examines institutions’ investment strategies towards environmental and social (E&S) stocks during the COVID-19 pandemic. We find a shift towards E&S by institutions in the first quarter of 2020 when the pandemic hit the financial market. We then demonstrate that high E&S portfolios...