SolarCity Postpones IPO

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After lowering its stock price to a reported $10 per share from a range of $13 to $15, IPO aspirant SolarCity was unable to fill its book and has postponed its IPO, according to Reuters quoting an underwriter of the deal.* SolarCity has not returned requests for comment. SolarCity hoped to sell 10 million shares of its stock at $13 to $15 per share in its maiden offering. A total of 65,012 shares were to be sold by stockholders....

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