Jay Ritter
Cordell Eminent Scholar Jay Ritter

Celebrity SPACs produced lackluster returns for star-struck investors this year

Cordell Eminent Scholar Jay Ritter offers insights into why investors who bet on flashy names like Shawn “Jay-Z” Carter, Shaquille O’Neal and Martha Stewart to boost blank-check companies this year left them mostly in the red.

Read more insights from Ritter in these stories from Fortune and Bloomberg