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Home » Self-driving tech firm TuSimple plans to delist from Nasdaq

Self-driving tech firm TuSimple plans to delist from Nasdaq

    Rise in interest rates and higher caution in the market due to macroeconomic uncertainty have impacted investor sentiment for pre-revenue technology companies like TuSimple, the company said on Wednesday. TuSimple expects its last trading day on the U.S. stock exchange to be on or around Feb. 7. "The benefits of remaining a publicly traded company no longer justify the costs," TuSimple added.

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