The Uber IPO was priced at $45 per share. The indication is for $45 -$46 as the first price, and leaning toward $45.50.   Compared to recent IPOs first trade, that would be a disappointment- especially for IPO investors who expect a bump up (forBeyond Meat it was a moon shot higher).  Opening up and going lower would not be good.  The underwriters as a result, will do all they can to support the market by putting their own capital to work at the IPO price.

Of course, the oveall market is not helping. The Nasdaq is down -1.6-%. The S&P is down -1.26%.

On a potential positive side for the IPO, the tariffs going into effect before the weekend, allows Pres. Trump to do his thing on twitter.   Uber and their bankers are probably looking for a tweet or two to turn the beat around before the first trade.

ON a potential negative side for the IPO, a China comment is a wild card too.

Not a good day for a new IPO.