Read more
5:17 PM · 30 December 2021

DIDI stock gains despite falling revenue and higher regulatory costs

DIDI.US
Stocks
DIDI.US, CLOSE ONLY / DiDi Global Inc - class A (Cboe BZX Real-Time Quote)
-
-

Didi Global (DIDI.US) stock managed to erase premarket losses and is trading more than 6% higher despite the fact that China based ride-hailing company posted a 1.7% decline in third-quarter revenue and a loss of $4.7 billion, caused by the regulatory crackdown. After the company debuted on NYSE in June, the Chinese government ordered it to remove its app from mobile app stores, while the Cyberspace Administration of China took into scrutiny how the company was handling clients' data. Due to the ongoing pressure from Chinese regulators, Didi decided to delist from the New York Stock Exchange and pursue a Hong Kong listing. Also increasing competition from other ride-hailing services like automakers Geely Holding Group and SAIC Motor Corp Ltd weighed on the company's results.

Didi Global (DIDI.US) stock launched today's session lower around the major support at $4.90 which is strengthened by 161.8% external Fibonacci retracement of the last upward wave, however it seems that investors ignored recent news and bought the dip. Currently the price is approaching the upper limit of the descending channel around $5.40. Should a break higher occur, upward move may accelerate towards resistance at $5.90 which is marked with previous price reactions. Source: xStation5

2 January 2026, 6:50 PM

Daily Summary: Massive Gains in U.S. Indices Completely Wiped Out

2 January 2026, 5:01 PM

TSMC launches 2 nm, shares rise 📈

2 January 2026, 3:23 PM

US Open: A Powerful Start to the New Year for Nasdaq!

2 January 2026, 1:19 PM

Fashion giant overshadowed by train accident near Machu Picchu 🚞

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits