Enjoy Technology, led by ex-Apple and JC Penney executive Johnson, files bankruptcy

Insights from Cordell Eminent Scholar Jay Ritter inform this story about Enjoy Technology Inc, a Silicon Valley retailer led by former Apple Inc and JC Penney Co executive Ron Johnson, which filed for bankruptcy protection on Thursday, fewer than nine months after going public through a special-purpose acquisition company (SPAC).

Read more in this story from Reuters.