Information Acquisition By Mutual Fund Investors: Evidence from Stock Trading Suspensions

We thank Yong Chen, Wenxi Jiang, Zhiguo He, Charles Trzcinka, Michela Verardo, Yao Zeng, Ziwei Zhao, Zhuo Zhong, and conference and seminar participants at the AFA Annual Meetings in San Francisco, the CUHK-RAPS-RCFS Conference on Asset Pricing and Corporate Finance, the CEPR European Summer Symposium in Financial Markets in Gerzensee, the EFA Annual Meetings in Paris, the FIRN Asset Pricing Conference, the RUC Finance Conference, the Sixth Future of Financial Information Conference, the Young Scholars Finance Consortium, New York University, the Office of Financial Research, the University of Colorado Boulder, the University of Lausanne, the University of Texas at Austin, the University of Zurich, and Vanderbilt University for comments and suggestions. Clemens Sialm is an independent consultant at The Jeffrey Company. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.