Warrington in the News Articles: page 11

As millions of students return to school this fall, ABC News spoke with students and professors, including Clinical Professor and Executive Director of the Miller Retail Center Joel Davis, learning to navigate the influence of generative artificial intelligence.

IPO data from Cordell Eminent Scholar Jay Ritter informs this story about Arm Holdings Plc’s Nasdaq debut, which was supposed to energize the anemic initial public offerings market. But its roadshow, powered by more than two dozen investment banks, is looking like a hard sell. In their desperate attempt to earn fees and de-risk from Arm parent SoftBank Group Corp., bankers are getting investors worried.

The NASDAQ’s delisting, if upheld after appeal, is expected to have a direct impact on LifeWallet’s financial health. It can cost more to trade stocks that are not listed on NASDAQ or the New York Stock Exchange, said Jay Ritter, Cordell Eminent Scholar at the University of Florida. Delisting can also affect investor confidence.

Shares in the British chip designer Arm will be listed Thursday on New York’s Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder SoftBank Group amid a still uncertain market. Cordell Eminent Scholar Jay Ritter comments on this new listing.

Insights from Cordell Eminent Scholar Jay Ritter inform this story about Arm’s goal of raising around $5 billion in New York, which might be the biggest IPO of 2023, follows other major listings in recent years whose returns have mostly disappointed.

Research from Cordell Eminent Scholar Jay Ritter informs this story about Donald Trump’s Digital World Acquisition (DWAC). But Truth Social has a tough task as it competes with X, owned by Tesla CEO Elon Musk, while Trump himself is embroiled in a battery of legal woes. So is DWAC a buy now?

A recent Journal of Marketing Research study by Camilla Eunyoung Song (Ph.D. ’21) and City Furniture Professor Aner Sela shows that when consumers use smartphones, which are considered more personal and private than other devices, they are more likely to choose unique, self-expressive items that speak to their individual personalities. Using smartphones elevates consumers’ private self-focus, driving their preference for unique options that are unconventional and individually customized in their online shopping.

Cordell Eminent Scholar Jay Ritter comments on the small putter outfit Sacks Parente’s IPO. After announcing its IPO at $4 per share with 3.2 million shares available, within hours, something remarkable—and something curious—immediately happened. The price soared to $32 a share, eventually closing at $29.67 for a 624-percent one-day gain.

Cordell Eminent Scholar Jay Ritter shares his insights on VinFast’s remarkable stock debut. The company’s market capitalization shot higher after its mid-August listing to a peak of around $190bn. The stock has since slumped and the market value fallen to $64bn.

Winning a role on one of the most high-profile US listings of the year is a milestone for SoFi, but the slow road to reaching it highlights the challenges that have faced numerous efforts to improve retail access to IPOs. Cordell Eminent Scholar Jay Ritter comments on this news.