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    ARTICLE

    Analysis of Social Media Impact on Stock Price Movements Using Machine Learning Anomaly Detection

    Richard Cruz1, Johnson Kinyua1,*, Charles Mutigwe2

    Intelligent Automation & Soft Computing, Vol.36, No.3, pp. 3405-3423, 2023, DOI:10.32604/iasc.2023.035906 - 15 March 2023

    Abstract The massive increase in the volume of data generated by individuals on social media microblog platforms such as Twitter and Reddit every day offers researchers unique opportunities to analyze financial markets from new perspectives. The meme stock mania of 2021 brought together stock traders and investors that were also active on social media. This mania was in good part driven by retail investors’ discussions on investment strategies that occurred on social media platforms such as Reddit during the COVID-19 lockdowns. The stock trades by these retail investors were then executed using services like Robinhood. In… More >

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