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Alibaba-backed Best Inc cuts expected price range for U.S. IPO

(Reuters) - Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.


from Reuters: Technology News http://www.reuters.com/article/us-best-ipo/alibaba-backed-best-inc-cuts-expected-price-range-for-u-s-ipo-idUSKCN1BU1UX?feedType=RSS&feedName=technologyNews
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