Acceso al sitio web del Consejo de Políticas de Infraestructura

   
Redirigiendo al acceso original de articulo en 23 segundos...
ARTÍCULO
TITULO

Trade-Based Manipulation Or Speculative Bubble: A Case Study

Xiaofeng Zhao    

Resumen

This paper examines the unusual and puzzling stock price performance of USEC Inc. during July 2013. The stock price surged as much as ten times during merely sixteen trading days without apparent value-changing information being released. Four possible reasons are analyzed - mean reversion, information-based manipulation, speculative bubble, and trade-based manipulation. Trade-based manipulation and speculative bubble resulting from investors overconfidence seem to be more plausible and better explain the dramatic stock price changes.

PÁGINAS

 Artículos similares

       
 
Okechukwu Enyeribe Njoku and Younghwan Lee    
This study investigates the relationship between dividend policy, firm performance, and value within the Korean market, taking into account the unique context of Chaebol ownership structures. Utilizing a robust dataset of 5478 observations from the Korea... ver más

 
María-Jose García-López, Maria Rosario Pacheco-Olivares and Hamid Hamoudi    
Applying a mixed theoretical approach, this paper addresses the causal relationship between the presence of women on steering committees (SC) and in senior management positions and the firm?s stock return, measured through the price?earnings ratio (P/E).... ver más

 
Fei Su, Lili Zhai and Jianmei Liu    
This study examines whether and how risk disclosures in Management Discussion and Analysis (MD&A) affected the stock price crash risk of China?s publicly listed firms over the period of 2017?2021. The empirical results show that risk disclosures with... ver más

 
Damianos P. Sakas, Nikolaos T. Giannakopoulos, Markos Margaritis and Nikos Kanellos    
Due to the volatility of the markets and the ongoing crises (COVID-19, the Ukrainian war, etc.), investors are keen to exploit any potential chances to make profits. For this reason, the idea of harvesting data from cryptocurrency market users takes an i... ver más

 
Asriani Hasan,(Universitas Muhammadiyah MakassarIndonesia)Andi Risfan Rizaldi,(Universitas Muhammadiyah MakassarIndonesia)     Pág. 376 - 388
This study is about the Impact of ROA and DAR on Stock Prices in companies of Food and beverage companies listed on the Bursa Efek Indonesia (BEI). This study uses the annual financial report data and average data closing price of shares in 2021. In this... ver más