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Tintri delays IPO planned for Thursday, reduces offering price – San Francisco Chronicle

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Tintri delays IPO planned for Thursday, reduces offering price

In the latest sign that investors are taking a tougher stand toward new companies listing their shares, Tintri, a Mountain View storage-hardware business, postponed a public offering planned for Thursday and cut the price range for the stock sale. “Tintri’s plan to list tomorrow has changed,” a company spokesman said in an email Wednesday evening, and declined to elaborate. Rick Ehrhart, a developer evangelist, posted a photo of himself Monday on Twitter smiling and wearing a T-shirt printed…

http://www.sfchronicle.com/business/article/Tintri-delays-IPO-planned-for-Thursday-at-last-11254595.php