Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

2021-07-05

  Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →

Tanger Outlet shares surge as short sellers get squeezed

2020-01-27

iStockphoto The Tanger Outlets in Lancaster County. Shares of Tanger Factory Outlet Centers are rocketing higher even as doubts about the future of bricks-and-mortar retailers continue to plague the company, one of the pioneers of outlet-store shopping. But the big share move upward isn’t because investors have had a changeRead More →