Does social media have impact or effect on the stock market

[Lens]

The social media is basically where lots of things are actually going on. You would be able to get access to some company’s rumours on various social media.

 

[glitch]

At this point, everything does. Online and offline. All it takes is one employee at a business to mess up and social media to explode over it. Remember when that Starbucks employee got a black man arrested? Their stocks dropped fast.

 

[Lucy ID]

Social media to some extent have a little or no effect on stock market in general sense, it's depends on what you want to do and how you want to go about it also your source of information or others

 

[Setho]

Social media has constantly proven to be one of the ways in which news can be able to spread very fast. If any fake news about a company is spreading then you're going to expect that the price we have tank.

 

[Smiles20]

Social media does not have any direct effect on business to be honest because stock exchange is all about buying and selling but then fusion Media can be able to help transmitting news that can be able to create uncertainty and doubt.

 

[zelalem]

By monitoring and analyzing data from social media sources, it has become possible to connect the point between emotions and market movements, especially when it comes to communication about equities. ... they also consume it and in doing so are influenced by the emotions, feelings and opinions of others.

 

[Setho]

To be frank, social media has 90% trash and only 10% facts. The problem is how to sort it out - how would you know which is trash and which is fact. I would trust social media posts from people I know but still it is not 100% facts. If you need information regarding the stock market then you have to connect to stock brokers or if you know some speculators - they are private persons who are well-versed with stocks.

This is also one of the problems that is facing the stock market right now because usual Media is being used as a medium to send a lot of fake news that might be able to create some fear and uncertainty and doubt.

 

[Lens]

The impact of the social media on stocks can not be overemphasised. The stocks are driven by the news and the social media is where we could get the necessary news.

 

[Bookwormlux]

Social media is really going a long way in making sure that people get better returns from their investment in the stock market, because the news usually propel the market to appreciate in value and people make profits.

 

[Lens]

The news on social media and very beneficial to determining the state of stocks and shares and that is why the social media is very important in the determining the share to buy or sell.

 

[Robust]

Social media has very large influence regarding Stock market and many people have really benefit from that, to me for beginner in business stock market is a very good business for them to start.

 

[Syldan]

Actually the social media platforms has so much impact on the operation of 5he stock market because what ever news that are posted on the social media has much influence on the people.

 

[Matan_z]

It has a lot of impact such people tend to believe the social medias and so if a message that reads "Don't invest in Coca cola because they are liars" people won't trust Coca cola as a good place to invest in and then Coca cola will lose investors.
Whatever people tweet or send in the social platforms will always effect the investments, people obviously don't want to lose money and if you scare them they will run away from it simple as that.

 

[Lens]

Any platform like the social media where news on stocks and shares are being carried, the influence of such platform on the stock and share price would be very high.

 

[Ononivami]

I do not think that there is a business that the social media do not have influence on, t because the social media has a large user base and as a result, most of the news or rumours that is being carried on social media would have a great influence on the price of stocks.

 

[Sincerem]

It will be so unfortunate to understand that social media does not have influence on any markets. Nowadays everything is being done on social medias groups with million of participants. This will definitely have a serious influence in the stock market.

 

[Chibson]

Just like cryptocurrency and others, the stock market is moved by news and hype. Like someone have stated, there was a time where by is there is news that joe biden was going to win the US election, there was a decrease in tesla. That alone is an indication that social media have an impact in the price of stocks.

 

[Ektalakra]

The stock market moves with the news, the good news can boost the value of a share while the bad news can crash it down. Of course, social media plays a huge role in impacting the value of the stock market.

 

[Lens]

The influence of social media on stock cannot be overemphasized because it could cause a spike in the price of the stock market because it is probably a reliable source of information.

 

[Setho]

Social media really does not have any direct effect on the price of stocks but instead a lot of things that are spread on social media can be able to make people to make certain decisions.