Warrington in the News Articles: page 12

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.

The ‘blank check’ ally of former president Donald Trump’s media start-up was once a stock-market star. It’s now days away from potential liquidation. Cordell Eminent Scholar Jay Ritter shares his insights.

Cordell Eminent Scholar Jay Ritter shares his insights for this story on the deal to take Donald Trump’s social-media company public. Trump Media faces a make-or-break moment as the blank-check firm that’s acquiring it rushes to get investor buy-in.

Cordell Eminent Scholar Jay Ritter provides his IPO insights to Bloomberg for this opinion column from Jonathan Levin, who writes about the U.S. market for initial public offerings finally reopening after the sleepiest stretch in 32 years.

In his latest op-ed, Public Utility Research Center Director and Gunter Professor Mark Jamison argues that the Biden administration’s plan will hold American companies back from being world leaders.