"NY Post Releases Acquisition News"
Charter Communications Inc.
January 17, 2017 at 10:33:00 am (EST) — The New York Post releases an article titled “Verizon Mulling Acquisition of Big Cable Company”, stating the most likely targets would be “Charter or Comcast”.Read The Article
Less than 1-minute after the press release, NewsHedge alerted its clients to the unusual trading event at 10:34:47 am (EST) as shares swiftly climbed from $297.69 to $300.19.
As news broke, Wall Street instantaneously took to Twitter to share information. According to Metricle's quantitative Twitter data, Twitter posts for Charter Communications produced a positive “buy” signal—as visually seen below.
Over the next several trading sessions, our quantitative data continued to produce a positive "buy" signal—giving our clients even more conviction to remain long, or to add to their long position.
To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at firstname.lastname@example.org.