Tweet Influence on Market Trends: Analyzing the Impact of Social Media Sentiment on Biotech Stocks

This study investigates the relationship between tweet sentiment across diverse categories: news, company opinions, CEO opinions, competitor opinions, and stock market behavior in the biotechnology sector, with a focus on understanding the impact of social media discourse on investor sentiment and decision-making processes. We analyzed historical stock market data for ten of the largest and most influential pharmaceutical companies alongside Twitter data related to COVID-19, vaccines, the companies, and their respective CEOs. Using VADER sentiment analysis, we examined the sentiment …

behavior biotech biotechnology ceo cs.lg cs.na decision discourse diverse focus impact influence investor making math.fa math.na media opinions processes q-fin.st relationship sector sentiment social social media stock stocks study trends tweet understanding