The Greek owner of chemical carriers becomes the secondstraight shipping initial public offering to pull its deal in New York, weeksafter billionaire Wilbur L Ross ditched his Diamond S Shipping IPO in theproducts sector rather than accept pricing $1 below range.
Stalwart's troubles were first reported by TradeWinds lastnight, which revealed the company could, at best, hope to price at $9 per shareafter identifying a target range of $11 to $13.
