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The Returns of Magnificent Seven Stocks in the First Days of Purchase Transactions Associated to the Halloween Strategies

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  • Ramona Dumitriu

    (Dunarea de Jos University of Galati, Romania)

  • Razvan Stefanescu

    (Dunarea de Jos University of Galati, Romania)

Abstract

A Halloween strategy involves the purchasing of stocks in autumn. Such transactions could increase the stock prices in the first part of November. This paper approaches the behavior of so-called Magnificent Seven Stocks in the first part of November for the period from January 2016 to January 2025. We identified, in the case of five companies, high abnormal returns for the 4th to 8th November time interval.

Suggested Citation

  • Ramona Dumitriu & Razvan Stefanescu, 2025. "The Returns of Magnificent Seven Stocks in the First Days of Purchase Transactions Associated to the Halloween Strategies," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 183-187.
    • Handle: RePEc:ddj:fseeai:y:2025:i:2:p:183-187
    DOI: https://doi.org/10.35219/eai15840409527
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