Inside the Mind of Investors During the COVID-19 Pandemic: Evidence from the StockTwits Data

  title={Inside the Mind of Investors During the COVID-19 Pandemic: Evidence from the StockTwits Data},
  author={Hasan A. Fallahgoul},
  journal={Behavioral \& Experimental Finance eJournal},
  • H. Fallahgoul
  • Published 2020
  • Economics, Business
  • Behavioral & Experimental Finance eJournal
We study the investor beliefs, sentiment and disagreement, about stock market returns during the COVID-19 pandemic using a large number of messages of investors on a social media investing platform, \textit{StockTwits}. The rich and multimodal features of StockTwits data allow us to explore the evolution of sentiment and disagreement within and across investors, sectors, and even industries. We find that the sentiment (disagreement) has a sharp decrease (increase) across all investors with any… Expand
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