December 4, 2021

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$Shorting A Big IPO For HUGE PROFIT | DIDI

2 min read

Professional trader @Neal Roberts is back for another great trade review where this time he will look at an amazing short opportunity in recent IPO DiDi Global Inc. NYSE:DIDI. The company found itself in hot water after Chinese regulators ordered the company’s app be taken down just days after its $4.4 billion listing on the New York Stock Exchange. The ride-hailing giant’s app was ordered to be removed from mobile app stores in China on Sunday by the Cyberspace Administration of China (CAC) which followed an official investigation into the company’s handling of customer data. ******* Watch our Live Trading show, Monday to Friday from 9 am to Noon ET!

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