DiDi Global — Shares of the Chinese ride-hailing giant surged 24.3% after The Wall Street Journal reported regulators are concluding investigations into the company. The Journal reported that authorities would lift a ban on Didi adding new users as early as next week and reinstate the company’s app in domestic app stores. Didi has been one of the worst-hit companies by Beijing’s regulatory tightening and has been the subject of a cybersecurity probe since days after its U.S. IPO.
CrowdStrike — Shares of the cybersecurity company rose 4.2% after Morgan Stanley upgraded them to overweight from equal weight, calling them a buy as the macro environment becomes less certain.
