GRAB Stock Recent News
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In this video, I will cover the recent updates regarding Grab (GRAB 2.03%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
Today’s trading reveals technology investors see the glass half empty at the moment. A tech malaise fueled by Google parent Alphabet (Nasdaq: GOOGL) and chipmaker AMD (Nasdaq: AMD) is pressuring the Nasdaq Composite and S&P 500 moderately lower while the Dow Jones Industrial Average is eking out a gain. The tech malaise can be blamed on Alphabet’s steep 8% drop, owing to a revenue shortfall coupled on top of an aggressive AI spending plan that didn’t sit well with Wall Street. AMD stock, a member of the Nasdaq Composite, is currently down 9% as of mid-morning. Amazon (Nasdaq: AMZN) shares are down in sympathy ahead of the company’s earnings report after the closing bell tomorrow. Key Points Tech is weighing on the Nasdaq Composite and S&P 500 while the Dow Jones Industrial Average is eking out modest gains. Google parent Alphabet stock is sinking 8% on aggressive AI capex plans despite a revenue miss. AMD shares are down a steep 9% on weak data center results, but Wall
American stocks have a long history of doing well, with the Dow Jones, Nasdaq 100, and S&P 500 indices nearing their all-time highs. This growth has made some companies highly expensive, with the Berkshire Hathaway stock soaring to over $700k.
Shares of ride-hailing, food delivery and digital payment services provider Grab Holdings Ltd. GRAB are trading higher on Tuesday.
The Grab Holdings stock price has pulled back in the past few weeks as its growth momentum faded and competition rose. GRAB was trading at $4.55 on Monday, down by over 20% from its highest level in 2024.
Grab Holdings Limited (GRAB) closed the most recent trading day at $4.58, moving -1.29% from the previous trading session.
The latest trading day saw Grab Holdings Limited (GRAB) settling at $4.50, representing a +1.12% change from its previous close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Grab Holdings Limited (GRAB) closed the most recent trading day at $4.50, moving +0.22% from the previous trading session.
Given the recent rise in GRAB shares, we analyze its current position to determine whether you should invest, hold it in your portfolios or stay away.