Grab Holdings Limited (NASDAQ:GRABW – Get Free Report)’s stock price rose 1.7% during trading on Tuesday . The stock traded as high as $0.52 and last traded at $0.50. Approximately 13,940 shares changed hands during trading, a decline of 73% from the average daily volume of 52,352 shares. The stock had previously closed at $0.50.
Grab Stock Up 1.7%
The business has a fifty day moving average price of $0.43 and a 200 day moving average price of $0.41.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Grab stock. Aristeia Capital L.L.C. acquired a new position in shares of Grab Holdings Limited (NASDAQ:GRABW – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 210,873 shares of the company’s stock, valued at approximately $90,000.
About Grab
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.
Recommended Stories
- Five stocks we like better than Grab
- How to Calculate Retirement Income: MarketBeat’s Calculator
- PayPal Stock: Why Wall Street May Be Undervaluing This Giant
- What Are Trending Stocks? Trending Stocks Explained
- Why Vertical Aerospace Could Lead the eVTOL Market by 2028
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Is Draganfly’s Army Partnership a Game-Changer for Investors?
Receive News & Ratings for Grab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grab and related companies with MarketBeat.com's FREE daily email newsletter.
