33% daily change something we don’t see often on a $200B company
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Where are your screenshots / figures from ?
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Thats how much they moved in US trading
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TC2000
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Looking up pre-market so far
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Help. What does this mean. Do we get out while still in profit 
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The company buys their own shares on the market and ‘destroys’ them (not literally). This means that there are fewer shares to trade and higher value per share. It’s a good thing. Like a dividend, but you don’t have to pay tax on it.
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I see.
Probably Should have not cashed in half my holdings with them this morning
Oh well. 
It happens over a period of time so you don’t notice it but the market will price often price it in fairly quickly. This should be worth 3% on top of the announced buyback, it’s good because it shows management confidence in under valued nature the stock price.
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Currently below its ipo price in 2017 
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So he lost s lot potentially? Anyone got the figures?
It’ll be in the 10’s of millions of dollars, looks like he bought half the shares last year when it was still in the $160-$260 ballpark range
What’s happening? 
Not much. Its just going back to where it was just over a month ago.
China are threatening further regulations after punishing DiDi very hard. Other Chinese Tech stocks are suffering as a result of the aggression
Chinese stocks are going up crazy this morning premarket. Was there another government related news?
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Yes
Does the pain ever end on this stock?
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