Economists refer to this investor error as inflation illusion. Perhaps the seminal study documenting how this error impacts the stock market was conducted by Jay Ritter of the University of Florida and Richard Warr of North Carolina State University. They found that investors systematically underv
Date: Oct 05, 2023
Category: Business
Source: Google
In the dual-class shares debate, the big exchanges should get off the sidelines
A third possibility, suggests Jay Ritter, who is a professor of finance at the University of Florida and an I.P.O. expert, is that even with dual-class structures, shareholders have legal rights that limit that ability of an executive who has voting control to do anything he or she wants. Further, t
Date: Sep 30, 2019
Category: Business
Source: Google
Tesla and Spotify say public markets are flawed. Are they right?
McCarthy and Musk arent alone in their worries. The number of IPOs and listed companies in the US is shrinking: There were an average of 310 public offerings annually from 1980 to 2000, according to an analysis by Jay Ritter, a finance professor at the University of Florida. The average has slipped
Date: Aug 10, 2018
Category: Headlines
Source: Google
Spotify is set to go public, but its unusual approach comes with some risks
The direct listing also bypasses another Wall Street tradition: Offering shares of an IPO to hedge funds and other preferred investors at a discount, said Jay Ritter, a business professor at the University of Florida, who tracks IPO data. These investors typically see the value of their shares rise
Date: Apr 02, 2018
Category: Business
Source: Google
Dropbox raises IPO price range by $2 on strong demand
The initial file price range was quite conservative relative to the valuations placed on comparable firms, such as Box, said Jay Ritter, an IPO expert and professor at the University of Florida.
Date: Mar 21, 2018
Category: Business
Source: Google
Spotify plans to list shares, fend off Apple and Amazon
The revenue continues to grow but in particular their costs are growing slower than revenue, which is exactly what you expect in a business like this, said Jay Ritter, an expert in initial public offerings and professor at the University of Florida.
The average IPO since 1980 has underperformed the market, even if buyers got the offer price and not the first day's open, according to data compiled by professor Jay Ritter of the University of Florida.
Theres still the question of whether this is a long-term sustainable model, said Jay Ritter, professor of finance at the University of Florida. Whats the story for how this can be a multibillion-dollar revenue company five years down the road?
Kendra Ritter, Matthew Caldwell, Stacy Evans, Tara Trainor, Grace Wakim, Heather Leosz, Stephen Loring, Daniel Hardy, Patrick Brandon, Jonathan Jackson
Doug Holzer, Stephen Moen, Bruce Lutz, Sarah Smith, Robin Nordyke, Anthony Smith, Becky Ackerman, Patty Leonard, Brenda Fuhrman, Bill Zerr, Ann Eleanor