Does the Information on the Internet Media Respond to the Stock Market?

摘要

This researcher explores and reviews studies that discuss the problem of market reaction based on information available on the internet and social media and looks at investor behavior to respond to that information. This study looks at the information contained in online news articles and various social media platforms based on stock trading days and investor trading patterns. Specifically, this study will discuss how investors' behavior responds to the stock market with a defusion of accounting information or other information related to investment in companies or shares on the internet that is classified based on the impact of news on the internet, social media, as well as an overview of the defusion of information related to investment in the emerging stock market countries and developed stock markets. This research found information reflected in the news media on the internet and social media can be used to make investment decisions in the short term and this information is a small part of the reflection of stock price movements. This research contributes to investors when making decisions in utilizing information on the internet.