Data from Cordell Eminent Scholar Jay Ritter informs this story about the latest companies to go public – chip designer Arm and grocery delivery firm Instacart. Read more in this story from The Economist.
Faculty & Research: page 24
Read the latest news and research from University of Florida Warrington College of Business faculty, who are thought leaders in their respective fields and provide expert guidance in the classroom. Their research provides industry leaders and individuals with insights they can use in their careers and daily lives.
The lesson in Rupert Murdoch’s retirement? Get ready for the 100-year-old CEO
It probably shouldn’t surprise anyone when a 92-year-old announces his retirement. And yet the media and entertainment worlds were aflutter this week at the news that the billionaire mogul Rupert Murdoch—the man who was famously never going to retire from
Renowned management researcher named UF Foundation Term Professor
GAINESVILLE, Fla. – One of the world’s top scientists in business and management is one of two scholars selected for the University of Florida Foundation Term Professorship Award in 2023. Mo Wang, University Distinguished Professor, Lanzillotti-McKethan Eminent Scholar Chair and
Instacart IPO: Why the odds may be against the grocery delivery chain in its public debut
Instacart (CART) is officially on the public market. On Tuesday, the grocery delivery company went public on the Nasdaq. Instacart stock opened at $42 a share, 40% higher than the anticipated $30 a share, which put the company’s market valuation at
Pro Take: Instacart, Klaviyo IPOs Will Help Thaw Late-Stage VC, but Not for All
Finally, the ice is breaking on new technology company IPOs. That will help defrost the later-stage venture market, but only for some companies—those getting close to profitability and willing to accept lower valuations. The rest will continue to struggle to
A lot goes into pricing a stock IPO
Semiconductor designer Arm Holdings sold shares to the public Thursday. The IPO valued Arm at about $55 billion. Before the stock hit Nasdaq, big institutional investors had lined up to get a piece of the company and sent nearly $5
Back-to-school for higher education sees students and professors grappling with AI in academia
As millions of students return to school this fall, ABC News spoke with students and professors, including Clinical Professor and Executive Director of the Miller Retail Center Joel Davis, learning to navigate the influence of generative artificial intelligence. “There’s a
Arm’s $55 Billion IPO Smacks of Bankers’ Desperation
IPO data from Cordell Eminent Scholar Jay Ritter informs this story about Arm Holdings Plc’s Nasdaq debut, which was supposed to energize the anemic initial public offerings market. But its roadshow, powered by more than two dozen investment banks, is
John Ruiz’s company LifeWallet says it faces removal from NASDAQ exchange
The NASDAQ’s delisting, if upheld after appeal, is expected to have a direct impact on LifeWallet’s financial health. It can cost more to trade stocks that are not listed on NASDAQ or the New York Stock Exchange, said Jay Ritter,
For retail investors, jumping on Arm’s blockbuster IPO is a risky business
Insights from Cordell Eminent Scholar Jay Ritter inform this story about Arm’s goal of raising around $5 billion in New York, which might be the biggest IPO of 2023, follows other major listings in recent years whose returns have mostly