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dc.contributor.authorSong, Jiachen
dc.date.accessioned2021-12-20T20:34:38Z
dc.date.available2021-12-20T20:34:38Z
dc.date.issued2021-08
dc.identifier.otherSong_cornell_0058O_11305
dc.identifier.otherhttp://dissertations.umi.com/cornell:11305
dc.identifier.urihttps://hdl.handle.net/1813/110461
dc.description69 pages
dc.description.abstractA series of short squeeze activities during the last six months has drawn the public's attention to an online forum called WallStreetBets. As the community which starts the whole short squeeze series, the posts and discussions on WallStreetBets are highly related with the stocks they choose as targets to short squeeze. The aim for us is to clarify the influence of WallStreetBets discussions on stock prices. In this paper, the Granger Causality tests conducted on 15 stocks prove that for a certain stock, either a one-directional relationship or a bi-directional relationship exists between its stock price and its discussion frequency on WallStreetBets. To further examine the relationship, we use 2SLS and OLS regressions to acquire numerical and specific results for the elasticity between 15 stocks’ prices and discussion intensity on WallStreetBets respectively.
dc.language.isoen
dc.subjectGranger Causality test
dc.subjectOnline Forum
dc.subjectShort Squeeze
dc.subjectStock Market
dc.subjectStock Price
dc.subjectWallStreetBets
dc.titleIMPACT OF INTERNET FORUM TRENDS AND RETAIL INVESTORS ONLINE DISCUSSION ON STOCK PRICE: ANALYZING WALLSTREETBETS USERS’ ACTIVITIES IN THE 1ST & 2ND QUARTER OF 2021
dc.typedissertation or thesis
thesis.degree.disciplineApplied Economics and Management
thesis.degree.grantorCornell University
thesis.degree.levelMaster of Science
thesis.degree.nameM.S., Applied Economics and Management
dc.contributor.chairTurvey, Calum G.
dc.contributor.committeeMemberWolf, Christopher Allen
dcterms.licensehttps://hdl.handle.net/1813/59810
dc.identifier.doihttps://doi.org/10.7298/hy2s-mk46


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