Grab stock drops after 20,000-EV tie-up with China’s GAC — what traders watch next
NEW YORK, January 9, 2026, 07:50 EST — Premarket Grab Holdings Ltd (GRAB.O) stock fell 3.9% on Thursday to finish at $4.88 after it unveiled an electric-vehicle partnership with Chinese automaker GAC. Trading was heavy, with about 83.5 million shares changing hands. (Yahoo Finance) The announcement arrives while investors circle back to the same worry about Grab: can it keep expanding without stacking on new expenses. In its most recent earnings update, the company raised the low end of its 2025 revenue forecast to $3.38 billion and lifted its adjusted EBITDA outlook to $490 million-$500 million — a profit gauge