Assistant Professor of Finance
Spencer Wyld
University of Central Arkansas
College of Business
Retail Trading · Market Microstructure · Financial Media and Information · Behavioral Finance

Selected research
Current work on information, technology, and investor behavior.
Working paper
The Effects of News on Retail Investor Trading
with Matthew Crook, Andre Lynch, and Brian Walkup
Retail trading and the incorporation of firm-specific news.
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Working paper
Coding on Borrowed Time
AI Disruption and the Credit Risk of Software Incumbents
AI-driven technological disruption and credit risk in software firms.
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Working paper
The Oil Signal in Geopolitical News
Cross-Market Information Incorporation
Cross-market information incorporation around geopolitical news.
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About
Spencer Wyld is an Assistant Professor of Finance in the College of Business at the University of Central Arkansas. His research interests include retail trading, market microstructure, financial media and information, and behavioral finance.
AppointmentAssistant Professor of Finance
InstitutionUniversity of Central Arkansas
Ph.D.University of Arkansas, 2025
TeachingCorporate finance · Financial modeling