Wisdom of the crowds or ignorance of the masses? A data-driven guide to WallStreetBets

A trite yet fundamental question in economics is: What causes large asset price fluctuations? A 10-fold rise in the price of GameStop equity, between January 22, 2021, and January 28, 2021, demonstrated that herding behavior among retail investors is an important contributing factor. This article pr...

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Bibliographic Details
Main Authors: Semenova, V, Gorduza, D, Wildi, W, Dong, X, Zohren, S
Format: Journal article
Language:English
Published: Portfolio Management Research 2024