The authors thank Zhiguo He, Mathew Henriksson, David Hirshleifer, Mark Kamstra, Raymond Kan, Stephan Nagel, Lin Peng, Kelly Shue, Johannes Streobel, Andreanne Tremblay, Jules van Binsbergen, Liyan Yang, the associate editor, and the reviewer as well as participants of the Financial Consequences of the COVID-19 Pandemic 2020 Conference, the Eastern Finance Association 2021 Meeting, and the University of Manitoba seminar for helpful comments. The authors also thank Meng Jiang for research assistance and Facebook for providing the SCI data.
This paper is dedicated to the hardworking essential workers who kept us fed, healthy, and safe during the COVID-19 pandemic.
