Didi stock closes up nearly 16% day after modest market debut

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CNBC 01 July, 2021 - 03:02pm 20 views

When is Didi IPO?

DiDi Global is an app-based ride-hailing services company. It will make its public debut on the NYSE on June 30 at a price of $14 a share. InvestopediaDiDi Global (DIDI) IPO: What You Need To Know

Is Didi stock a good buy?

In a research note, Xiao said Didi has a secure position, dominating the Chinese ride-sharing market, with a share of more than 80%, multiple years of growth, and “best-in-class margins.” The continuing recovery from the Covid-19 pandemic should benefit the company in the near term, she said. Barron'sBuy Didi Global Stock, Analyst Says. It Began Trading Today.

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