Didi shares crash after China bans it from app stores
CNN
Didi shares plunged as much as 22% in premarket trading as fallout continued over news of the company's troubles in China.
The company's stock, which made its US debut only last week, was trading at $11.60 Tuesday morning, well below its closing price of $15.53 on Friday. Tuesday is the first trading day in the United States since Chinese regulators banned Didi's ride-hailing platform from app stores in the country over the weekend. US markets were closed on Monday for the 4th of July holiday.
Authorities in Colombia are dealing with increasingly sophisticated criminals, who use advanced tech to produce and conceal the drugs they hope to export around the world. But police and the military are fighting back, using AI to flag suspicious passengers, cargo and mail - alongside more conventional air and sea patrols. CNN’s Isa Soares gets an inside look at Bogotá’s war on drugs.
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