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Grab Stock Falls on Weak Outlook
GRABGrab (GRAB) Investopedia·2025-02-20 14:05

KEY TAKEAWAYSShares of Grab Holdings are falling in premarket trading Thursday after the Southeast Asian ride-hailing and food delivery firm missed fourth-quarter results estimates and gave a weak earnings outlook.The Singapore-based company reported fourth-quarter revenue rose 15% year-over-year to 764million,andhadanetincomeof764 million, and had a net income of 11 million.Both were below the average estimate of analysts surveyed by Visible Alpha. Shares of Grab Holdings (GRAB) are falling around 3% in premarket trading Thursday af ...