Related papers: Social Network Datasets on Reddit Financial Discus…
The surge of retail investor activity on social media, exemplified by the 2021 GameStop short squeeze, raised questions about the influence of online sentiment on stock prices. This paper explores whether sentiment derived from social media…
Who actually expresses an intent to buy GameStop shares on Reddit? What convinces people to buy stocks? Are people convinced to support a coordinated plan to adversely impact Wall Street investors? Existing literature on understanding…
The short squeeze of Gamestop (GME) has revealed to the world how retail investors pooling through social media can severely impact financial markets. In this paper, we devise an early warning signal to detect suspicious users' social…
In early 2021, the stock prices of GameStop, AMC, Nokia and BlackBerry experienced dramatic increases, triggered by short-squeeze operations that have been largely attributed to Reddit's retail investors. Here, we shed light on the extent…
The short squeeze of GameStop (GME) shares in mid-January 2021 has been primarily orchestrated by retail investors of the Reddit r/wallstreetbets community. As such, it represents a paramount example of collective coordination action on…
Reddit's WallStreetBets (WSB) community has come to prominence in light of its notable role in affecting the stock prices of what are now referred to as meme stocks. Yet very little is known about the reliability of the highly speculative…
Spearheaded by retail traders on the website reddit, the GameStop short squeeze of early 2021 shows that social media embeds information that correlates with market movements. This paper seeks to examine this relationship by using daily…
Nowadays human interactions largely take place on social networks, with online users' behavior often falling into a few general typologies or "social roles". Among these, opinion leaders are of crucial importance as they have the ability to…
A trite yet fundamental question in economics is: What causes large asset price fluctuations? A tenfold rise in the price of GameStop equity, between the 22nd and 28th of January 2021, demonstrated that herding behaviour among retail…
Can unstructured text data from social media help explain the drivers of large asset price fluctuations? This paper investigates how social forces affect asset prices, by using machine learning tools to extract beliefs and positions of…
Predicting stock market movements has always been of great interest to investors and an active area of research. Research has proven that popularity of products is highly influenced by what people talk about. Social media like Twitter,…
In January 2021, retail investors coordinated on Reddit to target short selling activity by hedge funds on GameStop shares, causing a surge in the share price and triggering significant losses for the funds involved. Such an effective…
The recent hype around Reddit's WallStreetBets (WSB) community has inspired research on its impact on our economy and society. Still, one important question remains: Can WSB's community of anonymous contributors actually provide valuable…
r/wallstreetbets (WallStreetBets or WSB) is a subreddit devoted to irreverent memes and high-risk options trading. As of March 30, 2020, the subreddit boasts a usership of nearly 1.1 millions subscribers and self-describes as "if 4chan…
Social network platforms like Reddit are increasingly impacting real-world economics. Meme stocks are a recent phenomena where price movements are driven by retail investors organizing themselves via social networks. To study the impact of…
This study proposes content and interaction analysis techniques for a large repository created from social media content. Though we have presented our study for a large platform dedicated to discussions around financial topics, the proposed…
This research investigates the growing trend of retail investors participating in certain stocks by organizing themselves on social media platforms, particularly Reddit. Previous studies have highlighted a notable association between Reddit…
The financial industry poses great challenges with risk modeling and profit generation. These entities are intricately tied to the sophisticated prediction of stock movements. A stock forecaster must untangle the randomness and…
High-Frequency Trading (HFT) is pivotal in cryptocurrency markets, demanding rapid decision-making. Social media platforms like Reddit offer valuable, yet underexplored, information for such high-frequency, short-term trading. This paper…
The Web is a vast virtual space where people can share their opinions, impacting all aspects of life and having implications for marketing and communication. The most up-to-date and comprehensive information can be found on social media…