DIDI Stock Is Popping Off Today

The DIDI stock price fluctuated between $8.25 and $9.25 throughout the trading session with the volume trading being 70M shares, which represented a negative variation when compared to the three months average volume of 93M shares.

The share price of DiDi Global Inc. (NYSE:DIDI) ran up 10.32% to close Thursday’s market session at $8.87, higher as compared to yesterday’s close.

The 52-week high for the DiDi Global Inc.’s shares is $18.01. That puts it -50.75% from that peak but still a great gain since the share price dropped to a 52-week low of $7.16, while the S&P 500’s share price change was of 35%.

What does the trading volume tell us about the DIDI stock?

During the last trading session, DiDi Global Inc. (NYSE:DIDI) has seen decay in its daily volume. The daily volume was of 93M, while in the last 10 days the average was 57.26M and last three months – 94.87M.
The decreasing interest in the DIDI stock from the investors is helping to drive the stock price down.