Browsing Brock Theses by Author "Xu, Yuanbin"
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Market reactions to changes in the Nasdaq-100 Index membership
Xu, Yuanbin (Brock University, 2012-05-17)We examine stock market reactions around the Nasdaq-100 Index reconstitutions. We find a symmetric and transitory price response accompanied by a significant increase in trading volume on the effective date. Firms added ...