Apple shareholders need not worry that it’s the most-shorted U.S. stock. A report from short-seller analytics firm S3 Partners said that, after 864 days in which Tesla TSLA, 1.53% was at the top of this list, Apple AAPL, 0.96% has acquired
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Corebridge IPO shows appeal of crowd support for companies
Corebridge, the life and asset management business of insurance group AIG, went public this week with the help of 43 different banks, the second-highest number of managing underwriters for a US listing on record, according to data collected by the
SPAC market hits a wall as issuance dries up and valuation bubble bursts
The SPAC boom is officially a thing of the past. “I think that was a once-in-a-lifetime experience just like during the internet bubble,” said Cordell Eminent Scholar Jay Ritter. “A year ago, the whole market was overpaying and now we
I’ve Never Been an Impulse Buyer—Until Now
Sometimes, says Cordell Eminent Scholar Jay Ritter, rather than cutting back on big purchases during periods of high inflation, we actually end up spending more. In a way, he says, we’re trying to “lock in” prices now on these long-desired
Heavener School the No. 23 best undergraduate business program in the nation
GAINESVILLE, Fla. – The Heavener School of Business at the University of Florida Warrington College of Business is again among the top U.S. schools on U.S. News & World Report’s “2023 Best Undergraduate Business Programs” rankings released Monday. With this
What Investors Need to Know About AMC’s APE Units: A Stock ‘Split on Steroids’
AMC outlined plans this month to issue a special dividend, sending its shares soaring and stoking enthusiasm among the company’s passionate base of individual investors. Cordell Eminent Scholar Jay Ritter shares his expert opinion on AMC’s plan. Read more in
UF expert on recessions explains the GDP decline
U.S. Gross Domestic Product (GDP) shrank for the second quarter in a row marking the beginning of a recession, however, Assistant Professor Gustavo Cortes explains the economic situation is mixed. “We have good news, we have bad news, all at the
Dispirited homebuyers show why Fed’s unprecedented fight against inflation is beginning to succeed
I’ve studied finance and financial markets since the 1970s, and I have never seen the Federal Reserve’s monetary policy get such prominent news coverage as it has this past year. And with good reason. What the Fed does has profound
Demise of largest SPAC ever comes amid market and regulatory headwinds
As an IPO during the go-go year of 2020 for SPACs, Ackman’s Pershing Square Tontine Holdings ran up against a two-year deal deadline facing many SPACs. Blank check companies, or SPACs, typically have 24-months to buy a company or they