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Grab Holdings (GRAB) Drops 3.5% on Rating Downgrade, Stretched Valuation
Yahoo Finance· 2025-09-18 23:20
We recently published 10 Big Names Investors Are Dumping. Grab Holdings Ltd. (NASDAQ:GRAB) is one of the worst performers on Wednesday. Grab Holdings snapped a nine-day winning streak on Wednesday, shedding 3.48 percent to close at $6.10 apiece as investors soured on a rating downgrade for its stock, while taking profits from the previous days’ gains. Earlier in the day, investment firm HSBC downgraded Grab Holdings Ltd. (NASDAQ:GRAB) to “hold” from “buy” previously, but slightly raised its price target ...