Reading Time: 1 minute With lock-up periods set to expire for companies that went public this year, like Uber, Pinterest and Zoom, these companies may now have to worry about a selling flood on top of already poor-performing IPOs. Cordell Eminent Scholar Chair Jay Ritter comments on how lock-up periods might affect the valuation of these stocks. See what he had to say in this story from the Financial Times.
The vital component that truly elevates the Warrington College of Business into prominence is its talented faculty. UF Warrington’s faculty are world-renowned for their difference-making, thought-provoking and leading research and are consistently recognized in their industries and academia for their work, all of which you can read about here. See the most recent news about UF Warrington’s faculty and research below.
Reading Time: 1 minute As traditional initial public offerings struggle, Cordell Eminent Scholar Chair Jay Ritter spoke at an event hosted by UF alumnus and venture capitalist Bill Gurley (BS ’89) about the benefits of direct listings. The event, titled “Direct Listings: A Simpler and Superior Alternative to the IPO,” highlighted Ritter’s research, which shows the average first-day gain for 88 IPOs priced at $5 or higher so far this year is 24 percent, the highest since 2000. Read more about the event and Ritter’s
Reading Time: 1 minute As a series of high-profile companies look to make their debuts on the market this year, Cordell Eminent Scholar Jay Ritter shares his expert advice on the impact these IPOs will have with news outlets like Bloomberg, The Wall Street Journal, Financial Times and Fortune. See what Ritter had to say about the IPOs of companies like Peloton, WeWork and more. Unprofitable companies raising IPO cash – Bloomberg (30:07) Endeavor pulls IPO after Peloton’s poor debut – The Wall Street
Reading Time: 1 minute Attorneys Generals from 48 states, Puerto Rico, and Washington D.C. have launched an investigation into Google for possible antitrust violations. Is there a basis for these investigations, or are the AG’s trying to get a say in how to run the tech giant? Public Utility Research Center Director and Gunter Professor Dr. Mark Jamison shares his take on the antitrust probe.
Reading Time: 1 minute “How should retirees respond to the steadily growing drumbeat of stories about an imminent recession?” questions MarketWatch columnist Mark Hulbert. In this opinion piece, Hulbert shares what he think’s retirees should consider if they believe a recession is coming, in part relying on research, titled “Is Economic Growth Good for Investors?” from Cordell Eminent Scholar Jay Ritter. See how Ritter’s research helps Hulbert form his advice in a story from MarketWatch.
Secrets don’t make friends: New research shows hedge funds gain information advantage from unique relationships with investment banks
Reading Time: 3 minutes GAINESVILLE, Fla. – Keeping a secret is often easier said than done, especially when there’s money on the table. For years, news outlets like The New York Times and The Wall Street Journal have written about investment banks allegedly giving their hedge fund clients preferential access to broad bank resources and information – information that could be used to gain an unfair advantage when it comes to trading stocks. While the world may never know the whole truth about what
Reading Time: 2 minutes How e-retailers leverage product recommendations to increase sales By Anuj Kumar, Matherly Professor of Information Systems Influencing consumer decisions is a priority for retailers, and in this quickly growing digital age it’s becoming more important to understand how and where to target them. Already, consumers’ every click is being tracked to see what products they like and dislike. And yes, that means even you’re being followed. So how do retailers track and use that information to increase sales? The answer,
Reading Time: 1 minute “WeWork has put its plans to go public on hold. The shared-office-space company pulled the plug on its initial public offering less than two weeks before its shares were likely to hit the market. Given all the skeptical headlines about WeWork while it was getting ready for its IPO — along with the struggling share prices of Uber and Lyft since they went public — investors are starting to get a little more cautious when it comes to IPO investing,”
New research on multimillion-dollar internet streaming platform takes Warrington management professor to South Korea
Reading Time: 2 minutes What is Warrington’s own American David Gaddis Ross, R. Perry Frankland Professor of Management, doing being interviewed in Korea, on national Korean TV, in Korean?! Today, one of the biggest challenges in internet-based businesses is monetizing the value created for customers; some companies bombard you with ads, others make you subscribe and others sell your data. Recently, some companies have resurrected one of the oldest business models out there – patronage. For example, you may have heard of companies like
Management professor wins award for best article on how ‘managerial derailment’ affects women more than men
Reading Time: 2 minutes GAINESVILLE, Fla. – Dr. Joyce Bono, W.A. McGriff, III Professor, received the 2017 Best Article Award from Personnel Psychology for a paper titled, “Dropped on the way to the top: Gender and managerial derailment.” The Best Article Award is designed to recognize individuals that have made extraordinary contributions to Personnel Psychology through their scholarship and the impact that scholarship has made on the industry. Personnel Psychology published 21 papers in 2017, three of which the Best Article Award Committee selected as finalists