Grab stock drops after 20,000-EV tie-up with China’s GAC — what traders watch next
Grab shares fell 3.9% to $4.88 Thursday after announcing a partnership with China’s GAC to deploy 20,000 electric vehicles across Southeast Asia. Trading volume reached 83.5 million shares. Grab’s next earnings report is expected February 19. The company recently raised its 2025 revenue and adjusted EBITDA forecasts.
