Why DiDi (DIDI) Stock Crashed 20% Today Shares of DiDi Global (NYSE: DIDI) are down more than 20% today after the Chinese ride-sharing company announced it has scheduled an extraordinary general meeting (EGM) on May 23 to vote on the delisting of its American Depositary Shares from the New York Stock Exchange (NYSE).
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Why did Didi delist its shares from the New York Stock Exchange?
Mar 11, 2022 · Shares of DiDi Global ( DIDI 12.80% ) plunged 44% on Friday, following reports that the Chinese ride-hailing leader was ceasing its preparations for a …
Is Didi Global’s stock off the table?
Dec 03, 2021 · DiDi's stock price plunged on Friday. Image source: Getty Images. The situation has apparently deteriorated to the point where DiDi …
Why did gap stock drop 18% today?
Apr 18, 2022 · Why DiDi (DIDI) Stock Crashed 20% Today Shares of DiDi Global (NYSE: DIDI) are down more than 20% today after the Chinese ride-sharing company announced it has scheduled an extraordinary general...
Why did Dididi go ahead with IPO Despite Chinese regulators'warnings?
Apr 18, 2022 · Why DiDi Stock (DIDI), Crashed 20% Today Today, shares of DiDi Global (NYSE) fell more than 20% after the Chinese ride-sharing firm announced that it will hold an extraordinary general meeting on...
Why is Didi global stock dropping?
DiDi Global shares sank Monday after the Chinese ride-hailing company said it was preparing to delist from the New York Stock Exchange, and reported a fourth-quarter revenue decline of 12.6 days ago
What is going to happen with Didi?
(Bloomberg) -- Didi Global Inc. is preparing to delist from the New York Stock Exchange, after its initial public offering there last year drew the wrath of Beijing. The Chinese ride-hailing giant said it plans to list in Hong Kong instead, allowing existing shareholders to convert their holdings in the company.6 days ago
Is Didi getting 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
Did Didi get delisted?
DiDi's delisting decision comes amid brewing regulatory pressures in both Washington and Beijing.Dec 9, 2021