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Cited by 924

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Contagious Speculation and a Cure for Cancer: A Nonevent that Made Stock Prices Soar

Huberman, Gur, Regev, Tomer·2001·The Journal of Finance
DOI 10.1111/0022-1082.00330
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Abstract

A Sunday New York Times article on a potential development of new cancer‐curing drugs caused EntreMed's stock price to rise from 12.063 at the Friday close, to open at 85 and close near 52 on Monday. It closed above 30 in the three following weeks. The enthusiasm spilled over to other biotechnology stocks. The potential breakthrough in cancer research already had been reported, however, in the journal Nature, and in various popular newspapers (including the Times) more than five months earlier. Thus, enthusiastic public attention induced a permanent rise in share prices, even though no genuinely new information had been presented.

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Metadata

Authors
Huberman, G., & Regev, T.
Venue
The Journal of Finance
Publisher
Wiley
Published
2001-02
Volume
56
Issue
1
Pages
387-396
ISSN
  • 0022-1082 (ISSN-L)
  • 1540-6261
DOI
10.1111/0022-1082.00330
OpenAlex
W2099884752
Cited by
924
References
1
FWCI
17.55
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Contagious Speculation and a Cure for Cancer: A Nonevent that Made Stock Prices Soar. https://app.cochat.ai/papers/10.1111/0022-1082.00330
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Huberman, G., & Regev, T. (2001). Contagious Speculation and a Cure for Cancer: A Nonevent that Made Stock Prices Soar. The Journal of Finance. https://doi.org/10.1111/0022-1082.00330

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.