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Jay Ritter

SEC Sues Elon Musk To Enforce Testimony For Twitter Probe

Forbes’ story, which includes insights from Cordell Eminent Scholar Jay Ritter, highlights why Elon’s pressed about the SEC, the probe into his Twitter takeover and an intriguing rumor that could change the company’s path.

Jay Ritter

Anchors and small floats mark 2023’s IPO comeback

As the initial public offerings window finally reopens, companies taking the leap are leaning heavily on pre-roadshow marketing, anchor investors and small float amounts. Why it matters: Companies may be going public again, but they’re still cautious. Cordell Eminent Scholar

Jay Ritter

The stock market is building up to a major ‘buy’ signal

Research insights from Cordell Eminent Scholar Jay Ritter inform this story about how high interest rates aren’t going to keep stocks low much longer.  Read the full story from MarketWatch.

Jay Ritter

Bill Ackman Wants to Take Elon Musk’s X Public. History Says It’s a Risky Move.

Bill Ackman, the hedge fund manager and activist investor, told The Wall Street Journal that he would be interested in a deal with Elon Musk’s X, formerly known as Twitter, to take part of the social media company public via his special

Jay Ritter

Kelly Evans: Boring IPOs are better IPOs

Arm’s IPO today is being met with skepticism for a reason. The company did used to be one of the hotter stocks in the market, back before Softbank – best known for wildly overpaying for WeWord – bought it and

Jay Ritter

Arm is trading at a premium to Nvidia after IPO pop even though it’s a ‘no-growth company’

For investors, the critical difference between Nvidia and Arm is the growth rate. Nvidia just reported a doubling of revenue in the latest quarter and forecast expansion of 170% this period, as all the major cloud companies ramp up spending

Jay Ritter

DoorDash will switch to Nasdaq from the NYSE in blow to Big Board

DoorDash said on Thursday that it will transfer its listing from the New York Stock Exchange to the Nasdaq, a potential blow to the NYSE. The food delivery company expects to begin trading on the Nasdaq on Sept. 27 at

Jay Ritter

How ‘Low Floats’ Boost IPOs—and Create Risks for Investors

Arm and Instacart just offered the public a “low float” as part of each company’s IPO, meaning that they offered a small number of shares to public investors, often resulting in too little supply to meet the demand, which can

Jay Ritter

What Arm and Instacart say about the coming IPO wave

Data from Cordell Eminent Scholar Jay Ritter informs this story about the latest companies to go public – chip designer Arm and grocery delivery firm Instacart.  Read more in this story from The Economist. 

Jay Ritter

Instacart IPO: Why the odds may be against the grocery delivery chain in its public debut

Instacart (CART) is officially on the public market. On Tuesday, the grocery delivery company went public on the Nasdaq. Instacart stock opened at $42 a share, 40% higher than the anticipated $30 a share, which put the company’s market valuation at

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