George Mason UniversitySchool of Business

For Some Stocks, Bad News Is Now Good News

July 20—Wall Street Journal

Associate Professor of Finance Derek Horstmeyer and Chaitanaya Manya, a senior finance major, examined the moves of individual stocks versus the broader market during 2019 and a three-month period this year when the pandemic started worsening in the U.S. They found for several groups that the typical relationship had turned upside down.