GRAB / Grab Holdings: Speculative, Despite 85% Sell-Off

Penny stocks tend to be on the riskier side of public equity investing. With low volume, cheap pricing, and other operational factors, penny stocks su more_horizontal

Penny stocks refer to stocks that trade for less than $5 per share. They are typically small companies that trade over-the-counter or on the OTC. more_horizontal

Grab continues to execute well on the top and bottom lines. Backed by a massive net cash balance, the company is also opportunistically consolidating more_horizontal

Sea's e-commerce and gaming businesses face existential challenges. Grab continues to dominate the region's mobility and delivery markets. more_horizontal

The Land Transport Authority (LTA) of Singapore announced it will review the ride-hailing and taxi industries, causing shares of Southeast Asian super more_horizontal

Investors took quite a shine to the delivery specialist's latest set of quarterly results. So did analysts, as several raised their price targets on t more_horizontal

Grab Holdings Limited (NASDAQ:GRAB ) Q2 2023 Earnings Conference Call August 23, 2023 8:00 AM ET Company Participants Douglas Eu - Head of Asia, IR An more_horizontal

Grab easily exceeded expectations on both revenue and earnings in the second quarter. Deliveries revenue more than doubled year over year thanks in pa more_horizontal