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Browsing Tag

traders

Didi shares tank as merchants react to China’s crackdown

The shares of ride-hailing giant Didi Chuxing plunged up to 25% in pre-market trading on Tuesday, less than a week after the Chinese app was listed on the New York Stock Exchange.The company's share price fell to $ 12.06 in early trading on…

The Inventory Merchants of Reddit and TikTok

WallStreetBets are by no means all young people. The demographics of the Reddit forum, now home to more than six million people, is broad and includes unemployed boomers, serious millennials and hyper-online kids. The camaraderie in the…