Jay Ritter Articles: page 20

Cordell Eminent Scholar Jay Ritter provides his expertise on unprofitable traditional IPOs delivering lower first-day returns in 2021.  Read the full story from the Wall Street Journal. 

Research data from Cordell Eminent Scholar Jay Ritter informs this opinion piece that advises instead of increased oversight of large private companies, the agency should make it easier for startups to go public. Read the full piece from Bloomberg. [Subscription required.]

Cordell Eminent Scholar Jay Ritter shares data for this opinion piece from Matt Levine, who advises public companies that are in a position to attract meme-driven retail investors to “lean into meme stuff.” Read more in this piece from Bloomberg. [Subscription

A record 32% of US companies went public with dual-class structure last year, analysis from Cordell Eminent Scholar Jay Ritter shows.  See more of Ritter’s insights in this story from Financial Times. (Subscription required.)

“For the 262 SPAC mergers that were completed during 2020 and 2021, the average stock price on Dec. 31, 2021, was $8.70, considerably below the average price of more than $10 per share at which the stocks traded at the

Insights from Cordell Eminent Scholar Jay Ritter inform this story recapping the 2021 markets, including the record $118 billion in gross proceeds from operating company initial public offerings.  Read more in this story from Barron’s. 

Research data from Cordell Eminent Scholar Jay Ritter informs this story about how investors in 2021 pumped a record $93 billion into early-stage U.S. startups through Dec. 15, triple the amount from five years before.  Read more insights about the 2021

Cordell Eminent Scholar Jay Ritter shares insights in this story about a 1990s-era tax break, once aimed at small businesses, that has become a popular way for Silicon Valley founders and investors to avoid taxes on their investment profits.  Read

It has been a record-breaking year for IPOs, but it has also been a mixed bag — and billionaire Stephen Schwarzman’s Blackstone Group is among those investors who are picking through their duds. “Investors were buying IPOs on a lot

“After that first day jump, on average this year IPOs have underperformed the market,” said Jay Ritter, Cordell Eminent Scholar. What gives? Ritter thinks the discrepancy has a lot to do with sky-high expectations on Wall Street. Read more in this