Abstract
The outbreak of the COVID-19 pandemic and the steps taken to contain its spread resulted in a decline in tourism sector stock prices. Using linear and quantile regressions, we examine the impact of Twitter-based investor sentiment for COVID-19 and Twitter-based sentiment towards uncertainty on the performance of tourism stocks. The findings indicate a heterogenous effect of tweets and Twitter economic uncertainty on tourism sector equity returns with a major impact on the lower quantiles.
Get full access to this article
View all access options for this article.
References
Supplementary Material
Please find the following supplemental material available below.
For Open Access articles published under a Creative Commons License, all supplemental material carries the same license as the article it is associated with.
For non-Open Access articles published, all supplemental material carries a non-exclusive license, and permission requests for re-use of supplemental material or any part of supplemental material shall be sent directly to the copyright owner as specified in the copyright notice associated with the article.
