First Republic bank is under serious pressure after its latest quarterly earnings further sunk its stock, triggering fresh speculation about what options, if any, remain for the financial institution to survive. “I’m a little surprised they’ve made it til Thursday
Jay Ritter Articles: page 16
SPACs Delivered Easy Money, but Now Companies Are Running Out
Research data from Cordell Eminent Scholar Jay Ritter informs this story about how businesses are burning through cash raised in SPAC deals with few ways to fill the gap. Read more in this story from the Wall Street Journal.
More U.S. Tech Companies are Adopting Unequal Dual-Class Voting Structures
Research insights from Cordell Eminent Scholar Jay Ritter inform this story on how dual-class structures have become much more prevalent among U.S. tech firms. Read more in this story from Visual Capitalist.
IT Buyers Face Tougher Spending Decisions as More Tech Vendors Stay Private
Dearth of IPOs and increase in go-private deals limit information on potential suppliers’ financial health. ‘All else being equal, we will favor a public vendor,’ says one CIO. Cordell Eminent Scholar Jay Ritter shares his insights in this story from
Unicorn companies with IPO dreams might be in trouble
Since 2019, the number of billion-dollar, venture-backed companies in the world has grown from 223 to 704 with a combined value of $2.3 trillion. Becoming a unicorn has been the ideal for many tech startups: it feeds the ego, leads to
Warrington faculty listed among top scientists in the world
Numerous Warrington faculty have ranked among the top 2% of most influential scientists in the world, according to a recent study by researchers at Stanford University. The study includes eight Warrington faculty who made the career list, based on their
Stock Sales Suffer Worst First Quarter Since 2009 on Rates, SVB
US equity capital markets are having the slowest start to a year since 2009, and dealmakers fear a rebound is nowhere near. Initial public offerings and secondary stock offerings bore the brunt of first-quarter recession concerns stemming from the Federal
First Republic Bank Stabilizes, But More Problems Are Lurking Around the Corner
In a bid to instill confidence in First Republic and the broader sector, a coalition of major financial institutions—including J.P. Morgan, Bank of America and Citigroup—made $30 billion worth of deposits earlier this month. Cordell Eminent Scholar Jay Ritter said
The market has changed, but super-voting shares are here to stay, says Mr. IPO
TechCrunch spoke with Cordell Eminent Scholar Jay Ritter about why stakeholders aren’t likely to push too hard against super-voting shares, despite that now would seem the time to do it. TechCrunch: So the bottom line, in your view, is that
Retail Investors Are Helping Small IPOs Defy This Market Turmoil
Retail investors are piling into stock offerings, fueling a jump in new listings by micro-cap companies in the face of a banking crisis that is sidelining bigger deals. Cordell Eminent Scholar Jay Ritter shares his insights for this story. Read