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Sentiment and hype of business media topics and stock market returns during the COVID-19 pandemic.
Biktimirov, Ernest N; Sokolyk, Tatyana; Ayanso, Anteneh.
  • Biktimirov EN; Goodman School of Business, Brock University, 1812 Sir Isaac Brock Way, St. Catharines, ON L2S 3A1, Canada.
  • Sokolyk T; Goodman School of Business, Brock University, 1812 Sir Isaac Brock Way, St. Catharines, ON L2S 3A1, Canada.
  • Ayanso A; Goodman School of Business, Brock University, 1812 Sir Isaac Brock Way, St. Catharines, ON L2S 3A1, Canada.
J Behav Exp Finance ; 31: 100542, 2021 Sep.
Article in English | MEDLINE | ID: covidwho-1293907
ABSTRACT
We examine COVID-19 related topics discussed in the printed edition of the Wall Street Journal. Using text analytics and topic modeling algorithms, we discover 15 distinct topics and present differences in their sentiment (polarity) and hype (intensity of coverage) trends throughout 2020. Importantly, the hype of the topic, not the sentiment, relates to stock market returns. In particular, the hype scores for Debt market and Financial markets have the strongest positive relation to the stock market performance.
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Full text: Available Collection: International databases Database: MEDLINE Type of study: Prognostic study Language: English Journal: J Behav Exp Finance Year: 2021 Document Type: Article Affiliation country: J.jbef.2021.100542

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Full text: Available Collection: International databases Database: MEDLINE Type of study: Prognostic study Language: English Journal: J Behav Exp Finance Year: 2021 Document Type: Article Affiliation country: J.jbef.2021.100542