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Uber Cools IPO Price as NYSE Opening Bell Dumps Ousted CEO Kalanick

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By CCN: Ahead of its historic IPO, Uber fixed the price at $45 as it faces increased concerns that investors will steer clear of it. When it filed its IPO papers last month, it set the price between $44 and $50 per share. Skeptics were waving warning flags about the IPO, telling investors to steer clear of it. However, Uber execs found time to squabble over who should be on the New York Stock Exchange balcony to ring the opening bell Friday. That seems odd, if not crazy, but considering it’s Uber, it’s nearly expected. Let Me On That Balcony!

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* First published on ccn.com

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