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Why DiDi Stock Crashed Today

Why DiDi Stock Crashed Today

Shares of DiDi Global (NYSE: DIDI) fell 22% on Friday after the Chinese ride-hailing leader said it was preparing to de-list its shares from the New York Stock Exchange. DiDi has had a rough go in the public markets. Its shares have shed more than half their value since the company's initial public offering (IPO) in June.