Didi Global Inc.

NYSE: DIDI
$2.89
+$0.07 (+2.6%)
Closing price August 8, 2022
Meme stocks as a group closed higher on Tuesday, and Wednesday's premarket was indicating more gains for some.
Meme stocks were trading higher Tuesday, as all three major U.S. market indexes kept a grip on mid-morning gains.
As a group, meme stock losers far outnumbered winners on Wednesday. The big exception was a lingerie company that is about to complete a deal that will recreate the firm as an EV maker.
Stocks were mostly trading lower Wednesday and many were putting up (down?) new 52-week lows.
Meme stocks, like most U.S. equities, had a good day Tuesday and were off to a positive start in premarket trading Wednesday.
Meme stocks took a beating on Friday, and Monday did not appear to be getting off to a better start.
A Chinese firm has succumbed to pressure from the government to delist its U.S.-listed shares, and a shipping company spin-off appears to have fizzled.
Markets traded higher Wednesday morning, dragging some of the meme stocks along for the ride. In the early afternoon, though, the day's gains had been pared down.
Friday's shortened trading session was dominated by the news of a new coronavirus variant and its impact on investors.
While markets remained mostly calm Wednesday, there were some meme stock movers and we could see more action Thursday as some traders and investors get a head start on the long holiday weekend.
Company lockup and quiet periods that follow IPOs are coming to an end this week for 25 companies.
Monday's top analyst upgrades and downgrades included Analog Devices, Bilibili, Chewy, Dish Network, D.R. Horton, Hewlett Packard Enterprise, Krispy Kreme, Lowe's and Southwest Airlines.
The Chinese government's expected sanctions on DiDi Global were hammering the stock again Friday.
Meme favorites AMC and Meta Materials were having a rough day on Thursday.
Following Wednesday's near-tripling of its share price, internet retailer Newegg is giving a chunk of the gain back on Thursday.