Key Points Grab stock sank this week as investors reacted to news about protests against the company in Vietnam. Grab drivers raised concerns about higher fees and lower take home pay. The market also didn't seem to be excited about news that Grab could acquire a buy now, pay later company. 10 stocks we like better than Grab › Grab (NASDAQ: GRAB) stock lost ground this week, falling 10.8% across the stretch. The S&P 500 's level fell 2% over the period, and the Nasdaq Composite 's level declined 1.8%. Macroeconomic pressures, including rising bond yields, oil prices, and inflation, pressured growth stocks this week, and Grab saw valuation pullbacks in conjunction with the trend.
Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.