Grab Holdings Limited·Technology

Grab Holdings Limited (GRAB) closed the most recent trading day at $3.63, moving +2.54% from the previous trading session.

Southeast Asia's top ride-hailing and delivery firm Grab believes artificial intelligence-led products and services will help it drive growth and navigate challenges such as affordability and rising fuel costs in the wake of the war in Iran, company CEO Anthony Tan told Reuters.

Zacks.com users have recently been watching Grab (GRAB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Despite putting up wildly different performances lately, big names across semiconductors, entertainment, and e-commerce are indicating significant confidence in their outlooks through recent buyback announcements. This includes two beaten-down stocks that are looking to spend hundreds of millions on repurchases in relatively short order.

Grab Holdings Limited (GRAB) reached $3.62 at the closing of the latest trading day, reflecting a -1.36% change compared to its last close.

Expand NASDAQ: GRAB Grab Today's Change (3.68%) $0.13 Current Price $3.66 Key Data Points Market Cap $14B Day's Range $3.55 - $3.68 52wk Range $3.36 - $6.62 Volume 66M Avg Vol 48M Gross Margin 43.22% Grab (GRAB +3.68%), a Southeast Asia superapp for mobility, deliveries, and financial services, closed Tuesday at $3.66, up 3.68%. The stock moved as investors assessed Tuesday's Regular session disclosure that Grab is lifting Singapore fuel surcharges to offset higher fuel costs while watching how regulators and riders respond.
Grab Holdings Limited provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company is headquartered in Singapore.
Technology
Software - Application
11,267
2020-12-01
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