Grab stock rallied 7% in premarket trading

Tiger Newspress2021-12-03

Grab stock rallied 7% in premarket trading after plunging 20% on first day of trading.

After completing the richest deal yet for a special-purpose acquisition company,Grab Holdings Ltd. shares experienced an initial pop Thursday, their first day of trading in the U.S., but then slumped to a decline of more than 20%.

The Singapore-based company makes a "superapp" offering ride-hailing, delivery and financial services in more than 400 cities in Southeast Asia. Grab's chief financial officer, Peter Oey, said in an interview on Thursday that the company had its "roughest patch" in the third quarter ended Sept. 30 because of COVID-19-related shutdowns in Southeast Asia, especially Vietnam. But he pointed to continued expected growth and recovery, even as the company watches what happens with the new coronavirus variant, omicron.

Backers of Grab, which was founded in 2012, include Didi Global Inc, Toyota Motor Corp. and SoftBank Group Corp.'s Vision Fund.

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精彩评论

Jjireh
2021-12-04
Jjireh
Just look at rivn no revenue only fwd looking statements shud be a $5 stick but its worth $100.. mkt need to bleeding more
手可摘棉花
2021-12-03
手可摘棉花
Wrong timing to list? Market is plagued with so much noise, from tapering to Omicron…
CCCH
2021-12-03
CCCH
Can consider if it drop to $8
BangkokBali
2021-12-03
BangkokBali
Temasek buying? Don't lose face!
- CCCH:
  yes , like
adriandino
2021-12-03
adriandino
Up?
MrTig3r
2021-12-03
MrTig3r
power
- adriandino:
  up?

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Market is plagued with so much noise, from tapering to Omicron…","listText":"Wrong timing to list? Market is plagued with so much noise, from tapering to Omicron…","text":"Wrong timing to list? Market is plagued with so much noise, from tapering to Omicron…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601227000","repostId":1166348149,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":601223482,"gmtCreate":1638537209784,"gmtModify":1638537209914,"author":{"id":"3579259217271611","authorId":"3579259217271611","name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579259217271611","idStr":"3579259217271611"},"htmlText":"Can consider if it drop to $8","listText":"Can consider if it drop to $8","text":"Can consider if it drop to $8","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601223482","repostId":1166348149,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":601297562,"gmtCreate":1638532321184,"gmtModify":1638532321184,"author":{"id":"4097763827236320","authorId":"4097763827236320","name":"BangkokBali","avatar":"https://static.tigerbbs.com/a30be919f6059ba14e6b8fd51cd0872c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4097763827236320","idStr":"4097763827236320"},"htmlText":"Temasek buying? Don't lose face!","listText":"Temasek buying? Don't lose face!","text":"Temasek buying? Don't lose face!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601297562","repostId":1166348149,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6831661,"gmtCreate":1638537141922,"gmtModify":1638537142030,"authorId":3579259217271611,"author":{"id":3579259217271611,"idStr":"3579259217271611","authorId":3579259217271611,"name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":601297562,"type":1,"supId":0,"prevId":0,"content":"yes , <u>like</u>","text":"yes , <u>like</u>","html":"yes , <u>like</u>"}],"langContent":"CN"},{"id":601292988,"gmtCreate":1638531326683,"gmtModify":1638531350519,"author":{"id":"3557838603033373","authorId":"3557838603033373","name":"adriandino","avatar":"https://static.tigerbbs.com/7ee1cd14ed5057e0ad135ec52ba710cf","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3557838603033373","idStr":"3557838603033373"},"htmlText":"Up?","listText":"Up?","text":"Up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601292988","repostId":1166348149,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":601679211,"gmtCreate":1638527988954,"gmtModify":1638527989288,"author":{"id":"3584333947690568","authorId":"3584333947690568","name":"MrTig3r","avatar":"https://static.tigerbbs.com/b99cfe4b0a492018c40761a39a193aa8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3584333947690568","idStr":"3584333947690568"},"htmlText":"power","listText":"power","text":"power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601679211","repostId":1166348149,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6830558,"gmtCreate":1638531334263,"gmtModify":1638531334299,"authorId":3557838603033373,"author":{"id":3557838603033373,"idStr":"3557838603033373","authorId":3557838603033373,"name":"adriandino","avatar":"https://static.tigerbbs.com/7ee1cd14ed5057e0ad135ec52ba710cf","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":601679211,"type":1,"supId":0,"prevId":0,"content":"up?","text":"up?","html":"up?"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":98,"commentSize":14,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166348149"}