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.
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Warning: This post contains language readers may find disturbing.
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