Impact of Covid-19 on sectoral stock prices: An event study based on US stock market

The impact of COVID-19 on stock prices of different United States economic sectors is examined using event study methodology. Results revealed that the first confirmed case in US on January 21, 2020 was underestimated by investors and did not disturb stock prices significantly. However, the first lo...

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Bibliographic Details
Main Authors: Nasir Nadeem, Ghulam Mujtaba Kiyani, Imran Abbas Jadoon
Format: Article
Language:English
Published: Institute of Business Administration 2022-12-01
Series:Business Review
Subjects:
Online Access:https://ir.iba.edu.pk/businessreview/vol17/iss2/2/