Jay Ritter Articles: page 2

Jay Ritter and Minmo Gahng

SPACs Are Warning They May Go Bust

Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng inform this story about the more than two dozen companies that say they may not survive much longer.  Read more in this story from the Wall Street

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Didi Global languishes in limbo, ordered by Beijing to pull shares off Wall Street and, for now, denied permission to float them in Hong Kong

Cordell Eminent Scholar Jay Ritter, who researches IPOs argues that while Didi is “at the mercy of the Chinese government,” the company’s dominance in China creates an opportunity for Didi to raise prices and attain profitability—provided it can win the

Jay Ritter

Facebook Hasn’t Changed Much (Except for the Name)

On the anniversary of Facebook’s public markets debut, Cordell Eminent Scholar Jay Ritter shares insights for this story looking back at the company’s long and controversial journey.  “The first day of trading for FB had a delayed opening because Nasdaq’s

Jay Ritter

Special Report: How Wall Street banks made a killing on SPAC craze

Investment banks have raked in billions of dollars by feeding the frenzy for blank-check companies, and they have done so largely without risking any of their own money on hundreds of deals that have left many investors with punishing losses.

Jay Ritter

CFA Institute calls for tougher disclosure rules for SPAC sponsors

Cordell Eminent Scholar Jay Ritter shares his insights on the CFA Institute’s recommendation that SPAC sponsors fully disclose any affiliations with investors and target companies.  Read more from Ritter in this story from the Financial Times. [Subscription required.]

Jay Ritter

Goldman Sachs and other big banks hit SPAC pause button as market shifts and new regulations loom

Goldman Sachs Group Inc. said it’s taking a break from handling special-purpose acquisition company (SPAC), or blank check, initial public offerings amid a sharp slowdown in the market in recent months. IPO expert Jay Ritter, Cordell Eminent Scholar at University

Jay Ritter

Technology jobs and salaries in investment banking after MBA

Cordell Eminent Scholar Jay Ritter shared his insights on the top skills for technology jobs in investment banks.  “Investment banks and consulting firms frequently ask about a student’s GPA, because they have found that students with good grades are likely

Jay Ritter

Ostin Tech Stock Plunged 88% in a Cautionary Tale for IPO Investors

What a difference a day makes. On Thursday, Ostin Technology GroupOST –21.26%, a Chinese supplier of display modules, gave back most of the 892% gain from its first day as a publicly traded company.  The IPO market has seen quite

Jay Ritter

Steinway Musical Instruments Looks to Hit Right Note With IPO

Steinway Musical Instruments plans to go public as it continues to mix tradition with innovation. But is this the right time for an IPO?  Cordell Eminent Scholar Jay Ritter weighs in in this story from The Street. 

Jay Ritter

The SEC Has Signaled More Oversight of SPACs. Big Banks Are Getting the Message.

With SPACs, “you’ve got the people involved as a sponsor and you can check their criminal record, but it’s not like you have to spend a huge amount of time in due diligence,” explains Cordell Eminent Scholar Jay Ritter.  Read