The Underreaction Effect is a market anomaly in which stock prices initially fail to fully incorporate new information, leading to a gradual price adjustment over time that results in persistent abnormal returns following the initial news event.
154
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22.2K
Citations
264
Authors
213
Institutions
Publications per year
2017–2026
36
Parents
Publications
154
Information Uncertainty and Stock Returns
Frank Zhang · The Journal of Finance · 2006 · 1.9K citations · Full text
The Disposition Effect and Underreaction to News
Andrea Frazzini · The Journal of Finance · 2006 · 910 citations · Full text
1–5 of 154
Authors
264
- WW
5
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- TCTimothy C. Johnson
University of Illinois Urbana-Champaign, United States
4 publications · 615 citations
4
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- KL
4
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- SW
4
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- MS
4
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1–5 of 264
Institutions
213
National Bureau of Economic Research
Cambridge, United States
9 h-index
16 publications
3.9K citations
Cornell University
Ithaca, United States
8 h-index
15 publications
982 citations
Georgetown University
Washington, United States
6 h-index
8 publications
4.5K citations
University of Chicago
Chicago, United States
5 h-index
6 publications
1K citations
Harvard University
Cambridge, United States
5 h-index
10 publications
2.5K citations
Tsinghua University
Beijing, China
5 h-index
6 publications
329 citations
Hong Kong Baptist University
Hong Kong, Hong Kong
5 h-index
10 publications
277 citations
Centre for Economic Policy Research
London, United Kingdom
4 h-index
4 publications
119 citations
1–8 of 213
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- SSRN Electronic Journal
Repository · 36 publications · 2.2K citations
22
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- The Journal of Finance
14 publications · 9.8K citations
14
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- Review of Financial Studies
8 publications · 2.1K citations
8
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- Management Science
4 publications · 274 citations
4
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- Journal of Business Finance & Accounting
4 publications · 319 citations
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