Grab (NASDAQ:GRABW) Stock Price Up 10% – What’s Next?

Grab Holdings Limited (NASDAQ:GRABWGet Free Report) shares shot up 10% on Thursday . The stock traded as high as $0.45 and last traded at $0.44. 101,190 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 61,669 shares. The stock had previously closed at $0.40.

Grab Stock Performance

The stock’s 50 day moving average is $0.46 and its 200-day moving average is $0.29.

Grab Company Profile

(Get Free Report)

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.

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