Best Inc. and Despegar.com Make IPO Debut!
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1m 54s
John Tuttle, Head of Global Listings at the New York Stock Exchange, stops by the Cheddar desk. Logistics firm, BEST Inc. and Latin American travel company Despegar.com began trading today. We chat with Tuttle about Alibaba-backed Best and why the company slashed its IPO price before its debut. We also talk about the future of Despegar, given Expedia's large investment in the company. Tuttle speaks about new initiatives at the NYSE and trends in companies making IPOs
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