Finance Articles: page 2

Jay Ritter and Minmo Gahng

Doc’s Prescription: Many special purpose acquisition companies might go bust

Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng contribute to this story about the roughly 25 SPACs (special purpose acquisition companies) have concerns about their financial future, according to the Wall Street Journal.  Read more

Jay Ritter

This SPAC is merging with an already-public company as sponsors get creative before time runs out

SPACs are known to be a roundabout investment vehicle to take private companies public. Not this one. Bull Horn Holdings is merging with biotech Coeptis Therapeutics, a public company traded over the counter. It remains to be seen if other sponsors would replicate

Young woman looking up while thinking about various things - books, money, diploma, ideas and love.

How much could you make if you major in business?

Selecting a major is an important decision for any student in college. The classes, extracurricular activities and internships you complete during this time will help set the stage for your post-graduation career. If business or any of its functions, such

businesswoman using smart phone ,Social, media, Marketing concept

Looking for stock investment tips? Use social media selectively

GAINESVILLE, Fla. – Savvy investors and news buffs will recall the early days of 2021 when GameStop’s market value increased from about $2 billion to over $24 billion in just a few days. The significant gains stemmed from individual investors,

Jay Ritter

IPOs are dead, and that’s bad news for the secondary market in private shares

A stagnant IPO market means there is less investor appetite for shares in private companies, which is a problem for the companies that trade those shares. Cordell Eminent Scholar Jay Ritter shares his insights for this Observer story. 

Jay Ritter and Minmo Gahng

SPACs Are Warning They May Go Bust

Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng inform this story about the more than two dozen companies that say they may not survive much longer.  Read more in this story from the Wall Street

Jay Ritter

Didi Global languishes in limbo, ordered by Beijing to pull shares off Wall Street and, for now, denied permission to float them in Hong Kong

Cordell Eminent Scholar Jay Ritter, who researches IPOs argues that while Didi is “at the mercy of the Chinese government,” the company’s dominance in China creates an opportunity for Didi to raise prices and attain profitability—provided it can win the

PhD student earns Certificate of Outstanding Achievement

Minmo Gahng was honored with a Certificate of Outstanding Achievement as part of the University of Florida’s International Student Achievement Awards. Gahng is a fourth-year PhD student in finance. “I was very excited when I heard the news about this

Jay Ritter

Facebook Hasn’t Changed Much (Except for the Name)

On the anniversary of Facebook’s public markets debut, Cordell Eminent Scholar Jay Ritter shares insights for this story looking back at the company’s long and controversial journey.  “The first day of trading for FB had a delayed opening because Nasdaq’s

Jay Ritter

Special Report: How Wall Street banks made a killing on SPAC craze

Investment banks have raked in billions of dollars by feeding the frenzy for blank-check companies, and they have done so largely without risking any of their own money on hundreds of deals that have left many investors with punishing losses.