The Effect of Liquidity on Stock Prices (A Study of Financial Technology Companies Listed on NASDAQ)

Abstract

This study has objectives, namely; knowing an overview of liquidity and stock prices and how liquidity affects stock prices in financial technology companies listed on NASDAQ for the period 2018-2022. The method applied in the research is quantitative research with descriptive and verification research types. The analysis technique used is panel data regression analysis with a population of 48 financial technology companies listed on NASDAQ sample fund 15 financial technology companies listed on NASDAQ. Through the results of the analysis and tests that have been carried out, the results of descriptive research findings indicate that liquidity (CR) tends to decrease and stock prices (PER) fluctuate in 2018-2022. The results of the verification findings of this study found that liquidity (CR) has a positive effect on stock prices. based on the results of this study, it can be concluded that high liquidity shows that the company is able to fulfill its current obligations so as to attract investor confidence to invest, this condition will increase the company's stock price.