Grab (NASDAQ:GRAB) shares rise while expanded lending portfolio pressures cash reserves
Shares of Grab Holdings Limited rose 1.5% to $3.62 on Monday. U.S. markets had shut beforehand. In the previous week, the share price declined by 9.2%.
Grab Holdings Stock (NASDAQ:GRAB) Drops 9% as Uber Deal Tests Incentive Discipline
Grab Holdings Limited lost 9.2% this week and closed Friday at $3.57. The shares fell 4.4% in the final session.
Grab Stock Gains While Short Sellers Raise Bets by 11.5 Million Shares Ahead of Q2
Grab Holdings Limited saw short interest climb 4.8% to 253.1 million shares as of June 30, according to new data out Friday, while the stock added 8.7% from June 15 to June 30. Short interest tracks how many shares traders have sold short, betting on a drop. Grab shares closed at $3.93 Friday.
Grab (NASDAQ:GRAB): Board departure renews focus on Taiwan, cash position and targets
Grab Holdings Limited is under pressure in the market after Dara Khosrowshahi, head of Uber Technologies Inc., left its board. Analysts have a broad range of targets on the stock, and bulls point to profits, but cash conversion is still lagging and first-quarter momentum hasn’t convinced yet.
Grab gains as Stash deal brings in fintech boost, Vietnam clock ticking
Grab Holdings Limited finished higher in U.S. trading Wednesday. After the bell, the company said it now owns Stash Financial, the U.S. investing app. Singapore-based Grab made the move as new Vietnam e-commerce rules start tightening compliance requirements for its delivery and marketplace businesses.
Grab shares climb after market downplays impact from Indonesia fee change
Grab Holdings Limited climbed in New York on Tuesday. Investors took stock of the Indonesia driver-fee change and seemed to land on a real cost for Grab, though not as big as early reads of the rule implied.
Grab (NASDAQ:GRAB) shares edge higher with Indonesia fee cut in focus
Grab Holdings Limited traded higher late Monday in New York. Buyers stepped in ahead of a July 1 change to commission rules in Indonesia. The adjustment trims fee revenue, but analysts said the impact may be less severe for the entire company than the headline rate.
Grab shares move higher as company announces $400 million buyback, insider sells
Grab Holdings Limited moved higher on Friday in regular Nasdaq trading, rebounding from its June low as growth stocks elsewhere traded weaker.
Grab Holdings (NASDAQ:GRAB) trades close to 52-week low; Indonesia fee move adds margin pressure
Grab Holdings Limited traded near its 52-week low after Indonesia set a new cap on commissions for motorcycle ride-hailing. The rule puts more pressure on the Southeast Asian app’s margins, keeping shares below street targets.
Grab trims Indonesia driver commissions to 8% from July 1 after Jakarta rules change
Grab Holdings and GoTo in Indonesia will reduce the cut they take from motorbike drivers in the country starting next week. This will lower the fees that app operators make in a major Southeast Asian ride-hailing market.
Grab Stock Gets a July 1 Test as Indonesia Cuts Driver Fees
Grab Holdings hovered near $3.48 in U.S. afternoon trading on Tuesday, caught between a weaker Nasdaq and a fresh Indonesia margin test for its ride-hailing business. The Nasdaq-listed shares were last little changed, with about 31.7 million shares traded and a market value near $13.8 billion.
Grab Stock Falls Again as Traders Question Profitability
Grab Holdings shares dropped Monday, with the Nasdaq-listed Southeast Asian ride-hailing and delivery firm still facing pressure despite its latest numbers pointing to quicker revenue growth and the best adjusted core earnings on record.
GRAB shares climb in short week as market looks at Grab profit goals, Indonesia banking plans
Grab Holdings shares finished the shortened U.S. trading week up, catching a lift from a Nasdaq rally and new focus on the Southeast Asian super-app’s profit targets as markets closed for Juneteenth and the weekend.
Grab climbs in holiday week with focus on Superbank, Taiwan agreement
Grab Holdings shares bounced to finish the shortened U.S. trading week higher, with investors buying the Southeast Asian ride-hailing and delivery name before the Nasdaq closed Friday for Juneteenth.
Grab shares gain ahead of Juneteenth break as buyback talk and margins attract buyers
Grab Holdings shares were up roughly 2.6% in Nasdaq trade Thursday afternoon, with the stock seeing a slight lift as U.S. markets prepared to close for Juneteenth. The Singapore-based ride-hailing and delivery company got a bit of a bounce.
Grab gains in Nasdaq premarket with CEO sale filing, Fed next
Grab Holdings shares moved up in U.S. premarket trade Wednesday, last at $3.49, up 2.5 cents. The rise comes after a new insider-sale filing and as investors look to the Federal Reserve decision, a key event for growth names.
Grab inches up in early Singapore trade while Nasdaq moves lower; Form 144, Superbank steps ahead
Grab Holdings shares edged up slightly in U.S. trading after Tuesday’s close, while most tech names slipped. The stock was last at $3.49, a gain of 2.5 cents from the prior close. Shares changed hands between $3.44 and $3.62, with volume around 65.6 million.
Grab shares jump as GRAB investors focus on Superbank move after Nasdaq climb
Grab Holdings Limited jumped 4.85% in U.S. trading Monday, ending the day at $3.46 after moving between $3.37 and $3.62. That beat the broader Nasdaq, but the stock is still trading near its 52-week low of $3.18 and well off the 52-week high of $6.62. Monday’s move looks more like a bounce rather than a shift in trend.
Grab Shares Gain as Nasdaq Rally Helps Superapp Stock Off Lows
Grab Holdings Limited shares rallied Monday, with the Nasdaq-listed superapp drawing buyers as growth stocks rebounded. GRAB traded at $3.52 as of 2:02 p.m. New York time, up 6.82% for the session. The stock opened at $3.39 and hit an intraday high of $3.62. Volume reached 58.43 million, topping the average of 51.82 million listed on Google Finance. The move stands out as the stock had been hovering much closer to its 52-week low at $3.18, well below its 52-week high of $6.62.
Grab Holdings (GRAB) Trades Near 52-Week Low as Q2 Results, Taiwan Deal Awaited
Grab Holdings Limited shares slipped again in U.S. trade, with the Nasdaq-listed superapp finishing the session at $3.30, off 1.49%. That keeps Grab near its 52-week low of $3.18. The stock has traded between $3.18 and $6.62 over the past year. Grab is still priced near half its yearly high, despite better numbers and improving profit in its last quarter.