Shared Analyst Coverage: Unifying Momentum Spillover Effects
NBER Working Paper No. 25201
---- Acknowledgments ----
We thank John Campbell, Kent Daniel, Danling Jiang, Abhiroop Mukherjee, Lin Sun, and Siew Hong Teoh for very helpful comments and suggestions, AQR and Ken French for making factor returns publicly available, Andrea Frazzini for making customer-supplier links publicly available, and Marcin Kacperczyk for making broker merger data publicly available. We especially thank an anonymous referee, whose suggestions have substantially improved the paper. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research. Usman Ali is a Portfolio Manager at MIG Capital.