Didi Global Shares Down 7% On News It Will Delist From U.S. Exchange [MarketWatch]
DiDi Global Inc. American Depositary Shares (each four representing one Class A Ordinary Share) (DIDI)
Company Research
Source: MarketWatch
Didi's American depositary shares traded at $7.52 U.S. in New York, down 7.2% from the previous close. Regulators have asked the company's top management to remove the firm from the New York Stock Exchange on worries over security, according to widespread media reports. Didi Global has not commented on news that Chinese regulators had asked it to delist its stock. Didi has struggled since its U.S. initial public offering (IPO) in July of this year after Chinese regulators launched multiple investigations into the company amid a crackdown on technology firms. The stock last closed at $8.11 U.S., down 42% from its offer price of $14 U.S. COMTEX_397771912/2559/2021-11-26T07:57:53 Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com . You can also contact MarketWatch Customer Service via our Customer Center
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