Jay Ritter
Cordell Eminent Scholar Jay Ritter

Second time’s the charm for some IPOs

An initial public offering is a once-in-a-lifetime moment for a company. Except when it isn’t.

When Mobileye Global lists shares in its IPO next week, it’ll be for the second time. 

Companies going public for a second or third time typically have more muted stock-market debuts than other IPOs, but they tend to outperform over the next three years, according to data compiled by Jay Ritter, Cordell Eminent Scholar at the University of Florida’s Warrington College of Business.

Read more insights from Ritter in this story from the Wall Street Journal