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Does investor attention influence stock market activity? The case of spin-off deals

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Figure

Table 1. Sample of spin-off deals considered for the analysis
Figure 2. Change in attention indicator series around the date (-5gg, +5gg) of spin-off deals
Figure 3. Attention level and percentage variation of spin-off returns after one day
Figure 6. Media sentiment, change in attention indicator and percentage variation of spin-off  returns after one day
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