Does social media have impact or effect on the stock market

[Nomad]

recently, facebook crashed for 6 hours, which resulted in drop on facebook's share price. Social media has a huge influence in the stock market because it gives social proof for the companies.

 

[Kubiat-Abasi]

Yes, undoubtedly, social media has an influence on the stock market either positively or negatively. The information gotten from social media would influence the way people choose to invest and the particular stocks or shares to invest in.

 

[Udah jnr]

Social media with the help of some influencers helps to give trends to some stocks which gives more traffic to the stock

Post automatically merged: Dec 5, 2021

Social media sometimes help to bring traffic to a stock ones an influencer is being involved in because other investors will always want to be involved in

 

[Toyoabasi]

Thinking of investing in stocks and share but not really knowledge on this field so need to get my fact straight before getting myself in to this since an going to investing my hard earn money does social media have effect on shares stock market how does social media have effect on the stock market

Social media does have an effect on stocks as information on shares and stocks are disseminated on social media platforms. Still, one has to filter these information as a lot of wrong messages can be passed too.

 

[Blessedsam60]

I think today, almost every businesses are affected by social Media. Social media determines some values of things. Remember when the issue of USA election started and Tesla loose some stock values.

 

[Kaffyfolla]

The influence of social network sentiment on stock market indices and companies has been proven in several studies. ... Additionally, the results showed that social network sentiment influences sustainable companies' returns but had no effect on unsustainable companies' returns

 

[Laurentta]

I don't think social media has any effect on stock market. Although a lot of information can be passed on social media platforms, they don't really have anything to do with stock markets.

 

[greenie]

The influence of social network sentiment on stock market indices and companies has been proven in several studies. ... Additionally, the results showed that social network sentiment influences sustainable companies' returns but had no effect on unsustainable companies' returns.

 

[tyrim88]

Social media has in no doubt be of greater effect on stock and shares. Social media helps disseminate useful informations regarding stocks and shares. Informations can be a very great asset when dealing with stocks

one of the things and factors that go along way to affect how the market go at times is the avialability of information when it comes to the issue of trading forex,because it would be very useful for one to take a position if he has the right information,and the quickest meeans is the social media.

 

[kayode10]

Social media also have impact on the stock market because some of the market analysts usually give forecast online. Speculation usually generate from the social media platforms. Most people usually get first hand speculation on different stock on Facebook and other platform.

 

[Sincerem]

The social media is one of the tools available on the internet for the rapid spread of information. In recent times the social media has influenced so many trends and it has aside effects on a lot of matters. The stock market is also influenced by the social media as companies can share information about Available stock to prospective investors on the social media.

 

[Syldan]

Yes, social media such as the Facebook, Twitter, YouTube etc had so much influence in the operation of most of the business transactions such as the stock exchange and others depending on how you interact and be able to influence people with your ideas.

 

[Lens]

The social media could have impact on the stock market if it carried the news related to stocks. The news placed on social media would gain lots of attention because of the large user base.

 

[Ononivami]

The stocks is driven by news at times. So, the news making rounds on social media could create a great influence on the stocks. So, the social media play a big roll in the stock market too.

 

[Syldan]

Social media has a significant impact on the operation of business either trading or stock exchange depending on how its been used by individuals for the promotion of their business idea and interaction with others.

 

[Lens]

Social media has a significant impact on the operation of business either trading or stock exchange depending on how its been used by individuals for the promotion of their business idea and interaction with others.

The impact of social media on the stocks is very predominant. Most importantly, the twitter is one of the social media whose news should be taken very seriously.

 

[Syldan]

Social media has alot of impact on the stock exchange market even though it effect is very less compared. most especially the use of Facebook, Twitter and YouTube which gives some valuable information concerning such kind of investment.

 

[Lens]

Social media like LinkedIn and twitter have a pronounced influence on the Stoke Market and it is definitely one of the best ways to get to predict the stock market.

 

[Setho]

Social media on its own does not really have any effect on the stock market but instead the news that is circulating on social media. Positive news is usually going to detonate a positive price action and negative news is going to crash the price down.

 

[Syldan]

To some extent I will say it does not had so much impact on the stock market but sometimes those new or business news that are shared on those social media can give a positive image or negative image on the stock market.