# Case Study #2

""NY Post Releases Acquisition News""

Charter Communications Inc.

#### News Event

January 17, 2017 at 10:33:00 am (EST) — The New York Post releases an article titled “Verizon Mulling Acquisition of Big Cable Company”, stating the most likely targets would be “Charter or Comcast”.

[**Read The Article**](http://nypost.com/2017/01/17/verizon-may-acquire-a-big-cable-company-sources-say/)

#### Market Alert

Less than 1-minute after the press release, NewsHedge alerted its clients to the unusual trading event at **10:34:47 am** (EST) as shares swiftly climbed from **$297.69** to **$300.19**.

#### Social Context

As news broke, Wall Street instantaneously took to Twitter to share information. According to Metricle’s quantitative Twitter data, Twitter posts for Charter Communications produced a **positive “buy”** signal—as visually seen below.

#### Alpha Generation

Over the next several trading sessions, our quantitative data continued to produce a **positive “buy”** signal—giving our clients even more conviction to remain long, or to add to their long position.

#### Systematic Trading Data

To review systematic trading data associated with this case study, or to inquire about backtesting our data, contact us at [sales@newshedge.com](mailto:sales@newshedge.com).