WallStreetBets against wall street: The Role of reddit in the GameStop short squeeze

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Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/20101

DC Field	Value	Language
dc.contributor.author	Anand, Abhinav
dc.contributor.author	Pathak, Jalaj
dc.date.accessioned	2021-06-25T09:19:53Z	-
dc.date.available	2021-06-25T09:19:53Z	-
dc.date.issued	2021
dc.identifier.other	WP_IIMB_644
dc.identifier.uri	https://repository.iimb.ac.in/handle/2074/20101	-
dc.description.abstract	By January 2021, the stock of GameStop (GME) was heavily shorted by institutional investors but an unprecedented retail campaign for pushing-up its stock price culminated in a short squeeze by the end of January 2021. Adapting recent innovations in text analysis in finance and on microblogging platforms, we present evidence that both the tone and the volume of discussions on the subreddit r/wallstreetbets had significant predictive associations with the GME return, volatility and put-call ratio.
dc.publisher	Indian Institute of Management Bangalore
dc.relation.ispartofseries	IIMB Working Paper-644
dc.subject	Short Squeeze
dc.subject	Game stop
dc.subject	WallStreetBets
dc.subject	Text Analysis
dc.subject	Social news platform
dc.title	WallStreetBets against wall street: The Role of reddit in the GameStop short squeeze
dc.type	Working Paper
dc.pages	45p.
Appears in Collections:	2021

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