Didi plunge 20% on delisting note – going short?
by Delicious_Reporter21 Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by its U.S. IPO. Reaction was very clear: stock was down 22.17%, -$8.4 billion in market … Read more