Should you buy Didi stock?
Apr 22, 2022 · DIDI DIDI Chuxing — Stock Price and Discussion | Stocktwits. DIDI Chuxing NYSE Updated Apr 22, 2022 11:59 PM. DIDI 1.72 0.01 (0.59%) Post-Market 0.07 (4.07%) 17,281. Key Data. 52wk Low 1.71.
Why is everyone talking about Didi global stock?
Find the latest DiDi Global Inc. (DIDI) stock quote, history, news and other vital information to help you with your stock trading and investing.
When does Didi start trading?
Apr 21, 2022 · A high-level overview of DiDi Global Inc. (DIDI) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
How to buy Didi IPO stock and whether you should?
Get the latest DiDi Global Inc - ADR (DIDI) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
Who is Didi stock?
(DIDI) Stock Price, News, Quote & History - Yahoo Finance....Performance Outlook.Previous Close1.7100Open1.7800Bid1.6500 x 40000Ask1.6800 x 34100Day's Range1.7000 - 1.83003 more rows
Is Didi stock an ADR?
ADR Stock Overview (U.S.: NYSE) | Barron's....DiDi Global Inc. ADR.Volume51.27MShort Interest44.33M (03/31/22)Short Interest Change44.33MPercent of Float1.07%8 more rows
Will Didi stock be delisted?
Ride-hailing giant Didi Global plans to delist from the New York Stock Exchange and launch a share offering in Hong Kong as early as the second quarter. Its success will provide a template for other Chinese companies looking to make the switch.Feb 17, 2022
What will happen to Didi shareholders?
Inferred from its official announcement, Didi will not go private before going public but will directly “convert” its U.S. shares into Hong Kong shares (ADSs will be convertible into freely tradable shares).Jan 10, 2022
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About DiDi Global
Chinese ride-hailing giant Didi Chuxing has started companywide lay-offs as the company seeks to delist from the New York Stock Exchange (NYSE) amid an unresolved cybersecurity probe by Beijing, according to two employees familiar with the matter.
3.3 Analyst's Opinion
DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally.
Is DiDi Global a buy right now?
DiDi Global has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Are investors shorting DiDi Global?
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DiDi Global in the last year. There are currently 1 hold rating and 1 buy rating for the stock.
How were DiDi Global's earnings last quarter?
DiDi Global saw a decrease in short interest in January. As of January 31st, there was short interest totaling 32,460,000 shares, a decrease of 45.5% from the January 15th total of 59,590,000 shares. Based on an average trading volume of 23,290,000 shares, the short-interest ratio is currently 1.4 days.
What price target have analysts set for DIDI?
DiDi Global Inc. (NYSE:DIDI) issued its earnings results on Tuesday, December, 28th. The ride-hailing company reported ($6.48) EPS for the quarter, missing the Zacks' consensus estimate of ($0.17) by $6.31. View DiDi Global's earnings history.
Who are some of DiDi Global's key competitors?
2 brokerages have issued twelve-month price targets for DiDi Global's stock. Their forecasts range from 6.20 to 25.00. On average, they anticipate DiDi Global's share price to reach 15.60 in the next twelve months.
DIDI Stock in Freefall
Some companies that are related to DiDi Global include Uber Technologies (UBER), Pinduoduo (PDD), Relx (RELX), Fidelity National Information Services (FIS), MercadoLibre (MELI), MSCI (MSCI), Global Payments (GPN), eBay (EBAY), CoStar Group (CSGP), FLEETCOR Technologies (FLT), Etsy (ETSY), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Trip.com Group (TCOM) and Zillow Group (ZG). View all of DIDI's competitors..
Limited Trading Strategy
Didi lost 22.18% of its value on Dec. 3 after the ride-hailing firm said it would delist from the New York Stock Exchange (NYSE). Bloomberg initially reported on the rumors a week previously.
Chinese Companies Risk Delisting
Existing shareholders could keep the stock to the very end, hoping for speculative buying ahead of the listing change. Those who hold the stock after its Hang Seng Stock Exchange listing could benefit.
Opportunities in DIDI Stock
For months, the U.S. Securities and Exchange Commission (SEC) developed rules for allowing it to delist foreign stocks. After China’s government forced Didi to delist, the SEC may have more government and judicial support.
How much money will the IPO raise in 2021?
Speculators who bought Luckin Coffee (OTCMKTS: LKNCY) after the company’s accounting fraud scandal could have done well. The stock bottomed at $3.60 and traded as high as $17.79. Didi stock could rebound next year on its Hang Seng listing.
Is Didi going public?
The IPO could raise more than $4 billion for the company, which would make it one of the biggest of 2021. “There are some antitrust concerns here, but as long as they stay on the Communist Party’s good side,” Cramer said. “I doubt they’ll have much trouble with the regulators.”.
