NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Which News Moves Stock Prices? A Textual Analysis

Jacob Boudoukh, Ronen Feldman, Shimon Kogan, Matthew Richardson

NBER Working Paper No. 18725
Issued in January 2013

---- Acknowledgements -----

We would like to thank John Griffin, Xavier Gabaix and seminar participants at the University of Texas, Austin, and Stern NYU for their comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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