Do Hedge Funds Manipulate Stock Prices?

Material TypeArticleLanguageEnglish
TitleDo Hedge Funds Manipulate Stock Prices? Author(S)ITZHAK BEN-DAVID (Author)
Abstract  We provide evidence suggesting that some hedge funds manipulate stock prices on critical reporting dates. Stocks in the top quartile of hedge fund holdings exhibit abnormal returns of 0.30% on the last day of the quarter and a reversal of 0.25% on the following day ...Paginationp2383-2434
Journal TitleThe Journal of Finance  
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