Can I read Sunshine on EtoBox?

Sunshine by Nova Artika Sari is a document available to read on EtoBox.

What is Sunshine about?

The document summarizes a study that finds market reactions to company earnings announcements are more positive on sunny days in New York City. Specifically: 1) Reactions to earnings surprises are higher when the announcements are made on very sunny days in New York, especially for companies traded on NYSE and AMEX exchanges. 2) This "sunshine effect" is most prominent for smaller companies and those followed by fewer analysts, suggesting less sophisticated investors are more influenced. 3) Bid-ask spreads

Author

Nova Artika Sari

Language

EN