Working Papers
Information
The Effects of News on Retail Investor Trading
Spencer Wyld · Matthew Crook · Andre Lynch · Brian Walkup
Presentations: FMA (2026); EFA (2025); SWFA (2023); SFA (2022); University of Arkansas (2022)
Credit Risk
Coding on Borrowed Time: AI Disruption and the Credit Risk of Software Incumbents
Spencer Wyld · Ahmed Elkassabgi · Peng Huang · Aditya Limaye · Wan Wei
Presentations: FMA (2026)
Market Microstructure
The Oil Signal in Geopolitical News: Cross-Market Information Incorporation
Spencer Wyld · Andrew Lynch
Commercialization
Nights on Broadway: Market and Expert Information in Staged Commercialization
Spencer Wyld
Analyst Information
When Managers Call Cyber Incidents Material: Analyst Updating and Price Reactions
Spencer Wyld · Andrew Lynch
Market Microstructure
Getting the Full Story?: The Effects of the News Cycle on Trading Volume
Spencer Wyld
Presentations: SWFA (2024); University of Arkansas (2024); University of Central Arkansas (2024); University of Arkansas–Little Rock (2024); University of Arkansas–Fort Smith (2024)
Behavioral Finance
Betting Longshots: The Effect of Increased Gambling Awareness and Accessibility on Retail Trading
Spencer Wyld
Presentations: FMA (2024); SWFA (2024); University of Arkansas (2024)
Publications & Forthcoming
SEC Filings for Energy and Utilities: Does the Political Affiliation of the President Impact Disclosure Frequency?
Spencer Wyld · Ahmed Elkassabgi · K. Michael Casey
Oil, Gas & Energy Quarterly, forthcoming.
Research in Progress
Retail Trading
Newsflash to Social Media Splash: News Dissemination and Retail Trading
Spencer Wyld · Justin Mohr
Presentations: SWFA (2025)