"Buy low, sell high, that's my motto." - An event study examining the Post Earnings Announcement Drift on the Swedish market
The post earnings announcement drift (PEAD) is a well studied market anomaly. However, few academic papers have focused their attention on Swedish market. Therefore, this paper evaluates if the PEAD can be observed on the Swedish market between the first quarter of 2006 and the last quarter of 2019. Using a sample of 121 firms consisting of both small and large sized firms, this paper found statis