2018
DOI: 10.25300/misq/2018/14268
|View full text |Cite
|
Sign up to set email alerts
|

The Interaction Between Microblog Sentiment and Stock Returns: An Empirical Examination

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

1
76
1
6

Year Published

2019
2019
2024
2024

Publication Types

Select...
5
4

Relationship

0
9

Authors

Journals

citations
Cited by 114 publications
(84 citation statements)
references
References 0 publications
1
76
1
6
Order By: Relevance
“…Although the analysis is exploratory, we find a reasonable similarity in patterns between upbeat sentiments on tweets and a bullish market trend. This is consistent with the previous research on the effect of user sentiment on Sock-Twits on the stock returns (Deng, Huang, Sinha, & Zhao, 2018). However, it is too soon to conclude whether positive sentiments or negative sentiments predict cryptocurrency market prices.…”
Section: Discussionsupporting
confidence: 90%
“…Although the analysis is exploratory, we find a reasonable similarity in patterns between upbeat sentiments on tweets and a bullish market trend. This is consistent with the previous research on the effect of user sentiment on Sock-Twits on the stock returns (Deng, Huang, Sinha, & Zhao, 2018). However, it is too soon to conclude whether positive sentiments or negative sentiments predict cryptocurrency market prices.…”
Section: Discussionsupporting
confidence: 90%
“…First, by identifying social media-driven innovation as an important new IT-enabled capability and unpacking the actions, interactions, and decisions of individuals that underlie it, we contribute to the literature on IT capabilities (Kim et al, 2011;Rai & Tang, 2010;Saldanha et al, 2017), with a specific focus on social media as one such capability. Prior research has shown that consumer conversations on social media can have a rapid and substantial impact on organizational outcomes such as sales and stock valuations (Deng et al, 2018;Luo & Zhang, 2013;Oh et al, 2017). Research has also shown that the capability to engage with consumers via social media can positively influence organizational outcomes (Candi et al, 2018;Lehrer, Wieneke, Vom Brocke, Jung, & Seidel, 2018).…”
Section: Contributions and Implicationsmentioning
confidence: 99%
“…These conversations have substantial implications for organizations. For example, they can influence organizations' product sales (Dewan & Ramaprasad, 2014;Oh, Roumani, Nwankpa, & Hu, 2017) and even stock market valuations (Deng, Huang, Sinha, & Zhao, 2018;Luo & Zhang, 2013). An increasing number of organizations thus try to tap into consumer conversations on social media for innovation purposes (Roberts et al, 2016;Tan & Zhan, 2017).…”
Section: Introductionmentioning
confidence: 99%
“…Additionally, Deng et al (2018) and Li, Dalen and Rees (2018) analyze sentiment within big data. The former authors show the influence of microblog sentiment on stock returns, while the latter verify that stock microblog features serve as proxies for market sentiment.…”
Section: Independent Journal Of Management and Production (Ijmandp)mentioning
confidence: 99%