 Compass slashed its IPO price range from 23-26 to 18-19 and cut its initial stock offering from 36 million to 25 million shares ahead of its long-awaited public debut on Thursday, according to SEC filings. The new pricing suggests the SoftBank-backed residential brokerage firm will be valued at around 7 billion after its IPO, a drop from the 10 billion expected from the previous stock valuation. Compass is the latest firm to face a rocky path to its public debut. Earlier this week, Amazon-backed Deliveroo priced its shares at the bottom of its range, and then tumbled 30 during its first day of trading in London on Wednesday. 