Jay Ritter Articles: page 16

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

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

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

Currently, virtually every venture-funded company that went public in 2020 or 2021 is trading at a fraction of its former high. The hardest hit have largely been those who took the SPAC route to market, many of whom are now

Insights from Cordell Eminent Scholar Jay Ritter inform this story about Enjoy Technology Inc, a Silicon Valley retailer led by former Apple Inc and JC Penney Co executive Ron Johnson, which filed for bankruptcy protection on Thursday, fewer than nine

Cordell Eminent Scholar Jay Ritter contributes to this story about newly public companies getting bought out—for far less money—while blank-check promoters prepare for a more skeptical market. Read more in this story from Bloomberg. 

These are just a few examples of the reality that startups are too often funded by dreams that turn out to be nightmares. We recall Apple, Amazon.com, Google, and other grand IPO successes and forget thousands of failures. Recent data from

In 2021, Cordell Eminent Scholar Jay Ritter predicted that half of SPACs would need to return money to shareholders. After looking into what would happen if half of SPACs didn’t De-SPAC, a new Bloomberg Law analysis finds that more than

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