The article research named “Attention-driven reaction to extreme earnings surprises” is published in the Elsevier Quarterly Review of Economics and Finance.
Diego proposes a novel mechanism to describe the phenomenon and tests it with real-world data. The findings could have direct impact on the way markets respond to future surprise earnings announcements.
The full article can be find in the link below:
Attention-driven reaction to extreme earnings surprises - ScienceDirect
