Warrington in the News Articles: page 33

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.

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.”

A record 32% of US companies went public with dual-class structure last year, analysis from Cordell Eminent Scholar Jay Ritter shows.

“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 time of the merger,” says Jay Ritter, Cordell Eminent Scholar.

Public Utility Research Center Director and Gunter Professor Mark Jamison lends his expertise to this story about the challenges in providing broadband access to rural communities – specifically, the two major issues in government spending that attempted to curb the issue.

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.

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.

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.

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 of optimistic assumptions,” Cordell Eminent Scholar Jay Ritter told The Post.

“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.