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The Chinese ride-hailing service provider, DiDi Global Inc. (DIDI), saw its stock plunge 17% after the company said that it will delist from the NYSE.


RTTNews | Dec 3, 2021 11:35AM EST

11:35 Friday, December 3, 2021 (RTTNews.com) - The Chinese ride-hailing service provider, DiDi Global Inc. (DIDI), saw its stock plunge 17% after the company said that it will delist from the NYSE.

The company's listing was tumultuous from the very first day as it had to go through extensive domestic investigations for possible allegations of user data mishandling. The company got listed on July 30. The company said in a recent press release, "The Board has also authorized the Company to pursue a listing of its Class A ordinary shares on the Main Board of the Hong Kong Stock Exchange."

The stock is currently trading hands at $6.46, up $1.34 or 17.18% from its previous close at $7.80. The stock opened at $7.53 in the morning. Since listing, the shares have ranged between $6.50 and $18.01.

Read the original article on RTTNews ( https://www.rttnews.com/3246810/didi-stock-dives-16-on-delisting-news.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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