A paper authored by Warrington Ph.D. student Minmo Gahng, Cordell Eminent Scholar Jay Ritter and alumnus Donghang Zhang (Ph.D. ’02) of the University of South Carolina Darla Moore School of Business was cited as part of the U.S. Securities and Exchange
Finance Articles: page 24
Awful SPAC Returns Mean More Frustration for Blank-Check Firms
Cordell Eminent Scholar Jay Ritter shares insights on the disappointing SPAC performance last quarter, but it may seem like the good old days as regulators crack down on new blank-check stocks and enthusiasm for existing ones wanes. Read more in
Matt Levine’s Money Stuff: GameStop Hired Some Consultants
Insights from Cordell Eminent Scholar Jay Ritter are included as part of this Bloomberg Law Opinion column on the SEC’s proposed changes to the rules around SPACs. Read more in this column from Matt Levine in Bloomberg Law.
Ritter cited in SEC Commissioner’s statement on SPAC proposal
Cordell Eminent Scholar Jay Ritter was cited as part of SEC Commissioner Caroline A. Crenshaw’s statement on the proposed changes to SPACs. Specifically, the SEC is proposing new rules and amendments that would require, among other things, additional disclosures about
UF MBA programs among US News’ best across the board
GAINESVILLE, Fla. – For the individual who is looking to return to school full time or the professional who is ready to expand their business skillset, UF MBA has a U.S. News & World Report top-ranked program that can assist
China’s Luckin Looks to Relist on NASDAQ
The Diplomat speaks with Cordell Eminent Scholar Jay Ritter about Chinese coffee company Luckin and its second IPO attempt. Read what Ritter thinks it will take for the company to be publicly listed.
SPAC-Backed Stocks Find Few Takers Even After Enduring 60% Rout
The rich valuations remind Cordell Eminent Scholar Jay Ritter of initial public offerings in the 1980s and 1990s, which were typically done by young companies with similarly optimistic business models. “A lot of them turned out to be disappointments for
Is a vibe shift finally coming for VC-backed startups?
Insights from Cordell Eminent Scholar Jay Ritter inform this story about yesterday’s hot startups having major IPOs, but they’re still losing lots of money—and it’s not clear when they will ever be profitable. Read more in this story from Fast
SPAC Startups Made Lofty Promises. They Aren’t Working Out.
Of the 63 companies that went public through a SPAC deal last year and had less than $10 million in trailing sales at the time of their listing, at least 30 didn’t meet their projections, according to the Journal’s analysis
Cathie Wood’s ARK portfolio is headed for a shipwreck—and plunging tech stocks aren’t even the worst of it
Wood’s been suffering because she’s not only on the wrong side of the trend but also dangerously leveraged to the riskiest and most glamorous of the go-go stocks, from Tesla to Coinbase to Robinhood. “This is extreme loading of growth