Today, a single message posted on the Internet can have a profound impact on financial markets. For example, as mentioned in Chapter 1, a false report of a bomb explosion on X.com (formerly Twitter) on April 23, 2013, caused the Dow Jones Industrial Average to drop by more than one percent, erasing $200 billion in market value in just two minutes.

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A Variety of Financial Social Media

  • Ying Zhang

摘要

Today, a single message posted on the Internet can have a profound impact on financial markets. For example, as mentioned in Chapter 1, a false report of a bomb explosion on X.com (formerly Twitter) on April 23, 2013, caused the Dow Jones Industrial Average to drop by more than one percent, erasing $200 billion in market value in just two minutes.