Cordell Eminent Scholar Chair Jay Ritter shares why Poshmark, Dr. Martens & Mytheresa might be in better shape going into their IPOs than other retailers in this story from Yahoo.
Finance Articles: page 1
Analysis: U.S. IPO market faces first big test of 2021
At least eight businesses are set to price initial public offerings (IPOs) in New York in the next three days, seeking to capitalize on what has been the strongest IPO market in two decades. Data from Cordell Eminent Scholar Jay Ritter highlights the potential of an IPO bubble in this story from Reuters.
Grantham’s warning makes vigilant bulls of us all
“Stocks should be OK, provided the Fed keeps rates low and investors don’t go too crazy. There isn’t much margin for error,” suggests John Authers. Data from Cordell Eminent Scholar Jay Ritter informs this story from Bloomberg.
First the cyberattack hits. Then the insider trading.
Andy Naranjo, John B. Hall Professor of Finance and Chairman of the Eugene F. Brigham Finance, Insurance and Real Estate Department, and Svetlana Petrova (Ph.D. ’20) share their striking evidence of pre-disclosure spikes in options trading in this story from Institutional Investor.
The bubble isn’t what you think it is
“The sheer number of initial public offerings has helped fuel the comparisons to the dot-com bubble, as nearly 500 companies went public in 2020, the most since 1999. But that number may overstate things a bit,” writes Ben Levisohn of Barron’s. Levisohn turned to Cordell Eminent Scholar Jay Ritter for his research insights on a potential bubble. See what Ritter had to say in this story from Barron’s.
Market edges toward euphoria, despite pandemic’s toll
Investors of all stripes piled into stocks this year, creating levels of froth reminiscent of the dot-com boom. Analysts say there’s room to go higher, but some worry about a bubble, including Cordell Eminent Scholar Jay Ritter. See what Ritter had to say in this story from The New York Times.
The bonkers IPO market has obscured an important innovation for listings
“The IPO is fiendishly difficult to disrupt. But Unity Software’s deal in September shows that the process of going public is still being pulled into the future…Some experts think Unity’s offering—a hybrid of an auction and a more traditional IPO—is a sign of things to come,” writes John Detrixhe. Detrixhe turned to Mr. IPO, Cordell Eminent Scholar Jay Ritter, for insights on the future of the IPO market in this story from Quartz.
IPO market in flux as alternatives gain ground
From direct listings to SPACs to auctions, companies used a variety of IPO alternatives to enter the public markets in 2020. S&P Global reached out to Mr. IPO, Cordell Eminent Scholar Jay Ritter, for insights on the changes we saw in how companies entered the U.S. equity markets.
Tech founders gain more power as investors clamor for new listings
The Wall Street Journal reports that once-rare dual-share structures have become the norm in a sizzling tech IPO market. Cordell Eminent Scholar Jay Ritter shares research insights on the new norm.
Tech IPOs reach values not seen since 2000 bubble
Technology companies are selling for an average of 23.9 times their last 12 months’ revenue in initial public offerings (IPOs), the highest price-to-sales ratio since the tech bubble of 2000, finds Cordell Eminent Scholar Jay Ritter in his recent research. Read more insights from Ritter in this story from The Balance.