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Abstract Studies the association between changes in consensus of beliefs in the market and changes in the abnormal weekly trading activity surrounding corporate earnings announcement.
Studies the association between changes in consensus of beliefs in the market and changes in the abnormal weekly trading activity surrounding corporate earnings announcement. Effects of changes in abnormal trading volume on the changes in aggregate beliefs; Informational factors affecting trade volume; economic interpretation of an observed trading reaction to an information event.
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David A. Ziebart (1990) studied this question.
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