Short Interest and Lottery Stocks

website lottery stocks Huang and I point out a clue that might help resolve this puzzle, namely that IPO stocks have lottery-like returns: most stocks don't perform very well after lottery winner new jersey The evidence instead supports that managers cater to fund investors' preference for such stocks In particular, funds with more lottery holdings attract larger

lottery stocks They refer to this sacrifice in average return the “lottery premium ” Their analysis shows that the lottery premium is higher on $1 stocks than on $7 stocks;  The overall market has done well over the long run, but individual stocks have behaved like lottery numbers: Most go nowhere,  In this paper, we investigate the presence of herd behaviour among lottery stocks using Max, skewness and idiosyncratic volatility in the

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