In The News

Past, Present, Future: Tense of Stock Talk Weighs on Returns
Media talk about a company’s future corresponds to price gains; Businesses that reveal their own plans see stock underperform
Bloomberg | June 25,2019

Stock Returns and Future Tense Language in 10-K Reports
Companies that talk less about the future in annual reports generate positive abnormal returns of about 5% annually, the European Business School says
The Wall Street Journal | July 6, 2016