Twitter is more than rantin’ and ravin’ and snarky memes. It can influence stock returns, according to Alexander Kurov, professor and Fred T. Tattersall research chair in finance. Kurov and Chen Gu, a 2018 graduate of the finance doctoral program, found that firm-level Twitter content has information useful for predicting next-day stock returns, and that it is a stronger predictor of returns for firms with less analyst coverage. Their study, “ Informational role of social media: Evidence from Twitter sentiment,” is published in the Journal of Banking and Finance.
Something in the Air
A paper coauthored by Economics Professors Brad Humphreys and Jane Ruseski has been chosen by its journal of publication, Sports Economic Review, as its best paper of the year. Their research suggests that cities with professional sports teams bear increased flu mortality rates. Read the paper on Sports Economic Review.
In Service to the State
Brad Price, associate professor of management information systems, was named to the Association to Advance Collegiate Schools of Business' 2024 Class of Influential Leaders. This distinction honors “AACSB-accredited business school faculty demonstrating impact through their research.” The AACSB is the Chambers College’s accrediting body.
Take Stock
Worried about a looming recession and what to do with your money? Hold steady on those investment plans, advises Alexander Kurov, professor and Fred T. Tattersall research chair in finance. In an article penned for The Conversation, Kurov writes “Stick to your long-term plan and ignore day-to-day market fluctuations, however frightening they may be. Don’t take my word for it. The tried and true approach of passive investing is backed up by a lot of evidence.” To dive into the full article, go to go.wvu.edu/kurov.
Come One, Come All
This year, our College welcomed the highest incoming freshman class to date – more than 600 incoming first-year students. Our Undergraduate Recruitment team goes above and beyond to provide a personalized experience for our admitted students. “Call and letter writing campaigns are completed with the purpose of a) assisting with the application process, b) answering any questions students and their parents may have, and c) making students feel special. Many other colleges do not employ the methods that we do. The feedback we receive routinely mentions the personalized experience as a reason for choosing Chambers and WVU,” said Rebel Smith, Assistant Dean for Undergraduate Programs.
Front of the House
Frank DeMarco, teaching associate professor of hospitality and tourism, recently received the Excellence in Tourism Education Award from the West Virginia Hospitality & Travel Association.