About this document
Meme Stocks and Market Efficiency Analysis by Izzat Fahmi is a document available to read on EtoBox.
This document summarizes a research paper that investigates how meme stock trading affects market efficiency. The researchers created two meme stock indices and tested the weak form of the Efficient Market Hypothesis on these indices as well as the S&P 500 index. Their results indicate that meme stock trading does not degrade market efficiency. They also found that the trading ban on meme stocks in January 2021 destabilized those markets and lowered the efficiency of the S&P 500 as well. However, their test
- Author
- Izzat Fahmi
- Language
- EN