Movement Alert｜Grab Holdings Falls 5.12% in Regular Trading, Trading at $3.2575

Market Focus

Yesterday

On September 9, Grab Holdings fell 5.12% in regular trading, trading at $3.2575 USD/share, with Turnover of $129 million.

Within the Passenger Ground Transportation sector where Grab Holdings belongs, the overall sector showed broad weakness. Among individual stocks, Uber down 3.78%, Lyft down 4.34%, Avis Budget down 3.98%, Hertz Global Holdings down 5.22%, Webus International up 1.18%.

Grab Holdings is a Singapore-headquartered superapp platform operating across eight Southeast Asian countries, offering mobility, delivery, financial services, and enterprise solutions. The company reported Q2 revenue of $997 million, up 22% year-over-year, with net income surging 620% to approximately $250 million. Management raised full-year revenue guidance to $4.10 billion to $4.15 billion and announced a $750 million share buyback program.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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