The fintech industry has been a center of IPO activity over the last few months. Chime will follow eToro, a stock and crypto trading platform that debuted Wednesday at $69.69 a share. Jay Ritter’s IPO data informs this story from Barron’s.
Stories by Allison
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Axios | IPOs return without returns
The IPO spigot is beginning to flow, with eToro just out of the gate, but might the new cohort be too old to produce blockbuster returns? Research data from Jay Ritter informs this story from Axios. [Subscription required.]
Bloomberg | A Tiny Bank in Trump Tower Is Enriching the President’s Sons
Dominari surged after bringing on Eric Trump and Donald Trump Jr. It’s part of lucrative pattern they’ve embraced since election. Jay Ritter shares his insights in this story from Bloomberg.
Bloomberg | Bad Trader Behavior, Short-Sale Breaches Stalk Australian Banks
Australia’s finance industry is beset by a raft of compliance lapses — from data reporting breaches to trader misbehavior. Heat on the nation’s largest banks harks back to a period when a yearlong inquiry into misconduct revealed rampant wrongdoing in 2019.
MarketWatch | Crypto broker eToro’s upsized IPO to test the waters for stock-market newcomers
Mobile-app stock and digital-currency company eToro is set to go public Wednesday after a huge rally in stocks. Jay Ritter, who specializes in IPOs, said other deals are likely if the eToro IPO generates a solid gain in its debut
Sportico | DraftKings the exception to sports SPACs’ dire track record
DraftKings, the company that sparked the sports SPAC craze in 2020, still stands as the best of the blank-check sports deals. Whether you consider SPACs part of the meme stock madness of the pandemic or just another cyclical market mania, DraftKings’
Uncooperative clients can undermine audit quality, according to new study
There’s a troubling inconsistency in how auditors respond to difficult clients during financial audits, according to a new study. Researchers from the University of Florida Warrington College of Business found that while auditors, especially younger auditors, mentally flag uncooperative clients
Financial Times | Warren Buffett’s legacy: fantastic returns and a troubling precedent
Jay Ritter comments on this story about Warren Buffett’s legacy. The Berkshire Hathaway CEO announced that he would be stepping down at the end of the year in favor of his long-designated successor, Greg Abel. Read more in this story
Warrington Alumni Connections: May 2025
Our new Warrington Alumni Connections series showcases graduates connecting with fellow alumni through various professional and social gatherings throughout the year. This photo story captures the vibrant interactions as Warrington alumni build relationships and strengthen our distinguished network through meaningful
Newsweek | Trump Media Stock Jumps 57%
Trump Media & Technology Group (TMTG) has been on a tear in recent weeks, as the president’s company has begun touting increasing fundamental strengths beyond its association with the president. The stock closed at $26.14 on Friday, up 57 percent from
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