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#Didi Stock

InvestorPlace

Understand That DIDI Stock Could Go to Zero Quite Abruptly

As a long-term, buy-and-hold investment, Didi (NYSE:DIDI) stock is a highly logical choice. That said, there’s just too much regulatory risk. There seems to be mounting evidence that the ridesharing company faces a potential delisting from the New York Stock Exchange. It is well known that China continues a broad...
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Motley Fool

Why DiDi Stock Crashed Today

Shares of DiDi Global (NYSE:DIDI) fell 22% on Friday after the Chinese ride-hailing leader said it was preparing to de-list its shares from the New York Stock Exchange. DiDi has had a rough go in the public markets. Its shares have shed more than half their value since the company's initial public offering (IPO) in June.
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CNBC

Didi shares tumble on plan to delist from the U.S.

Didi's share price sank 20% on Friday, having initially climbed as much as 14% in U.S. premarket trading. Didi says it plans to delist from the New York Stock Exchange "immediately." The Chinese ride-hailing firm is set to pursue a listing in Hong Kong instead. Didi fell sharply Friday after...
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CNBC

Stocks making the biggest moves midday: DocuSign, Didi, Nvidia, Tesla and more

Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was lower than what analysts expected. DocuSign gave a range of $557 million to $563 million, while analysts surveyed by Refinitiv expected $573.8 million. Asana —...
STOCKS

Softbank Group shares slide 3% after Didi, Arm, Grab triple setback

HONG KONG, Dec 3 (Reuters) - Shares in Japanese conglomerate SoftBank Group Corp (9984.T) dropped over 3% on Friday after the giant tech investor was hit with three disappointments within 24 hours, including a poor Nasdaq debut for ride-hailing firm Grab (GRAB.O). SoftBank, either in its own right or through...
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CNBC

S&P 500 drops on Friday, stocks head for losing week from omicron fears

The S&P 500 dropped on Friday, after a disappointing November jobs report, as the market nears the end of a roller-coaster week driven by Covid omicron variant developments. The Dow Jones Industrial Average fell about 200 points, dragged down by a 3% loss in Boeing. The S&P 500 lost about 1.5%. The technology-focused Nasdaq Composite dipped 2.8%. The major averages are on pace for a losing week.
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InvestorPlace

Be Greedy With DiDi Stock When Others Are Fearful

China’s property market continues to weigh down the sentiment of the broader markets. However, the biggest casualties are Chinese companies listed on U.S. exchanges. Due to the regulatory pressure on both sides, stockholders are taking profits and looking to pour their capital elsewhere. Against this backdrop, it makes sense that DiDi (NYSE:DIDI), which owns China’s largest ride-hailing platform, is struggling. But these factors are only acutely affecting DIDI stock.
STOCKS

3 Shocking Reasons Nio Stock Crashed Today

A new COVID-19 variant is triggering a market sell-off. China is intensifying its crackdown on a tech giant even as Nio's archrival strives to expand its footprint in the crucial EV market. What happened. Electric vehicle (EV) stock Nio (NYSE:NIO) tumbled on Friday, and it wasn't just the overall bloodbath...
STOCKS

Check the Financials Before Grabbing Shares of Altimeter Growth

At first glance, Grab offers advantages over DiDi and possibly even Uber. It is tempting to try to capitalize on a ground-floor opportunity in Southeast Asia's ride-hailing and grocery-delivery markets. Yet, while Grab's delivery business is thriving, its mobility income is declining and the earnings hole is only getting deeper.
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