Have a personal or library account? Click to login
Viral Trends and Stock Markets: Spillover Between Meme Assets and Sectoral Returns Cover

Viral Trends and Stock Markets: Spillover Between Meme Assets and Sectoral Returns

Open Access
|Dec 2024

References

  1. Allen, F., Haas, M, Nowak, E., Pirovano, M. & Tengulov, A. (2021). Squeezing Shorts Through Social News Platforms. Swiss Finance Institute Research Paper, No. 21–31.
  2. Aloosh, A., Choi, H.E. & Ouzan, S. (2023). The tail wagging the dog: How do meme stocks affect market efficiency? International Review of Economics and Finance, 87, 68-78.
  3. Aloosh, A., Ouzan, S. & Shahzad, S.J.H. (2022). Bubbles across Meme Stocks and Cryptocurrencies. Finance Research Letters, 49, 1-20.
  4. Anand, A. & Pathak, J. (2022). The role of Reddit in the GameStop short squeeze. Economics Letters, 211, 1-18.
  5. Balli, F. & Balli, H.O. (2011). Sectoral equity returns in the Euro region: Is there any room for reducing portfolio risk? Journal of Economics and Business, 63(2), 89–106.
  6. Bank, S. & Abdioglu, Z. (2023). Asymmetric volatility spillover from retail trading of noise traders: evidence from the gamestop short squeeze. Pressacademia, 16(7), 33-38.
  7. Bhakar, N. & Pearce, L. (2022). Reddit v. Wall Street: Why Redditors beat Wall Street at its own game. Journal of Emerging Investigators, 5, 1-10.
  8. Bradley, D., Hanousek, J., Jame, R. & Xiao, Z. (2024). Place Your Bets? The Value of Investment Research on Reddit’s Wallstreetbets. Review of Financial Studies, 37(5), 1409-1459.
  9. Brooks, R. & Del Negro, M. (2004). The rise in comovement across national stock markets: market integration or IT bubble? Journal of Empirical Finance, 11(5), 659–680.
  10. Buz, T. & de Melo, G. (2024). WallStreetBets: Assessing the Collective Intelligence of Reddit for Investment Advice. Accepted for publication in Transactions on Social Computing, 1-23.
  11. Chacon, R.G., Morillon, T.G. & Wang, R. (2023). Will the reddit rebellion take you to the moon? Evidence from WallStreetBets. Financial Markets and Portfolio Management, 37(1), 1-25.
  12. Chohan, U.W. (2023). Counter-hegemonic Finance: The GameStop Short Squeeze. In: Chohan, U.W. & Van Kerckhoven, S. (Eds.). Activist Retail Investors and the Future of Financial Markets: Understanding YOLO Capitalism, Routlege, London.
  13. Costola, M., Iacopini, M. & Santagiustina, C.R.M.A. (2021). On the ‘mementum’ of meme stocks. Economics Letters, 207, 1-6.
  14. Cruz, R., Kinyua, J. & Mutigwe, C. (2023). Analysis of Social Media Impact on Stock Price Movements Using Machine Learning Anomaly Detection. Intelligent Automation and Soft Computing, 36(3), 1-19.
  15. Elsayed, A.H., Hoque, M.E., Billah, M. & Alam, M.K. (2024). Connectedness across meme assets and sectoral markets: Determinants and portfolio management. International Review of Financial Analysis, 93, 1-15.
  16. Granger, C.W.J. (1969). Investigating Causal Relations by Econometric Models and Cross-spectral Methods. Econometrica, 37(3), 424–438.
  17. Han, B. & Kumar, A. (2013). Speculative retail trading and asset prices. Journal of Financial and Quantitative Analysis, 48(2), 377-404.
  18. Hasso, T., Müller, D., Pelster, M. & Warkulat, S. (2022). Who participated in the GameStop frenzy? Evidence from brokerage accounts. Finance Research Letters, 45, 1-18.
  19. Jung, S.H. & Jeong, Y.J. (2021). Examining stock markets and societal mood using Internet memes. Journal of Behavioral and Experimental Finance, 32, 1-28.
  20. Kim, K., Lee, S.Y.T. & Kauffman, R.J. (2023). Social informedness and investor sentiment in the GameStop short squeeze. Electronic Markets, 33(1), 1-24.
  21. Kraus, M.T. (2001). The Impact of the EMU on the Structure of European Equity Returns: An Empirical Analysis of the First 21 Months. International Monetary Fund, Working Paper WP/01/84.
  22. Li, F. (2022). Retail Trading and Asset Prices: The Role of Changing Social Dynamics (doctoral dissertation). Retrieved from https://www.proquest.com/openview/e3d39927d988628c43f3826ef3b8ca0b/1?pqorigsite=gscholar&cbl=18750&diss=y (Accessed: 21.07.2024).
  23. Li, S. (2022). Spillovers between Bitcoin and Meme stocks. Finance Research Letters, 50, 1-27.
  24. Liang, H. (2022). Performance of the Delta- neutral Hedging Strategy on Meme Stock. BCP Business & Management, 32(2022), 196-202.
  25. Long, S., Lucey, B., Xie, Y. & Yarovaya, L. (2023). I just like the stock: The role of Reddit sentiment in the GameStop share rally. Financial Review, 58(1), 19-37.
  26. Moerman, G.A. (2008). Diversification in euro area stock markets: Country versus industry. Journal of International Money and Finance, 27(7), 1122-1134.
  27. Philander, K.S. (2023). Meme asset wagering: Perceptions of risk, overconfidence, and gambling problems. Addictive Behaviors, 137(2023), 1-9.
  28. Reichenbach, F. & Walther, M. (2023). Financial recommendations on Reddit, stock returns and cumulative prospect theory. Digital Finance, 5(2), 421-448.
  29. Reschke, F. & Strych, J.O. (2024). Emojis and stock returns. Review of Behavioral Finance, 16(2), 223-233.
  30. Semenova, V., Gorduza, D., Wildi, W., Dong, X. & Zohren, S. (2024). Wisdom of the Crowds or Ignorance of the Masses? A Data-Driven Guide to WallStreetBets. Journal of Portfolio Management, 50(4), 1-20.
  31. Suchanek, M. (2024). Social interactions in short squeeze scenarios. International Review of Economics & Finance, 91, 898-919.
  32. Takagi, H. (2022). Exploring the Endogenous Nature of Meme Stocks Using the Log-Periodic Power Law Model and Confidence Indicator. Journal of Mathematical Finance, 12(01), 1-9.
  33. Vasileiou, E. (2022). Does the short squeeze lead to market abnormality and antileverage effect? Evidence from the Gamestop case. Journal of Economic Studies, 49(8), 1360-1373.
  34. Vasileiou, E., Bartzou, E. & Tzanakis, P. (2023). Explaining the Gamestop Short Squeeze using Ιntraday Data and Google Searches. The Journal of Prediction Markets, 16(3), 1-17.
  35. Vasileiou, E. & Tzanakis, P. (2022). The Impact of Google Searches, Put-Call Ratio, and Trading Volume on Stock Performance Using Wavelet Coherence Analysis: The AMC Case. Journal of Behavioral Finance, 25(1), 111–119.
  36. Yang, Z. (2023). GameStop or Game Just Started? Leveling the Playing Field for Social Media Meme Investors to Rebuild the Public’s Trust. Journal of Risk and Financial Management, 16(1), 1-13.
  37. Yousaf, I., Pham, L. & Goodell, J.W. (2023). The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach. Journal of International Financial Markets, Institutions and Money, 82, 1-25.
  38. Zhao, Y., Du, Z., Xu, S., Cheng, Y., Mu, J. & Ning, M. (2023, June). Social Media, Market Sentiment and Meme Stocks. In: 2023 IEEE 47th Annual Computers, Software, and Applications Conference (COMPSAC) (pp. 1197-1202). IEEE, Torino, Italy.
Language: English
Page range: 1 - 15
Submitted on: Jul 21, 2024
Accepted on: Sep 3, 2024
Published on: Dec 17, 2024
Published by: University of Information Technology and Management in Rzeszow
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Tajana Barbić, Iva Čondić-Jurkić, published by University of Information Technology and Management in Rzeszow
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.