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$Grab Holdings (GRAB.US)$ is expected to release earnings on November 11, 2024 after the market closes (AMC).
GRAB last reported earnings on 15 August 2024 before the market opened (BMO). GRAB shares declined -7.4% the day following the earnings announcement to close at 3.12. Following its earnings release, 87 days ago, GRAB stock has drifted +35.6% higher. From the time it announced earnings, GRAB traded in a range between 3.12 a...
GRAB last reported earnings on 15 August 2024 before the market opened (BMO). GRAB shares declined -7.4% the day following the earnings announcement to close at 3.12. Following its earnings release, 87 days ago, GRAB stock has drifted +35.6% higher. From the time it announced earnings, GRAB traded in a range between 3.12 a...
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I see this a lot. a stockmis on the move due to some factor but on the move. the question is it A buy. the fact that the stock is on the move should never be the reason to purchase unless you happen to be day trading and volatility and momentum are your guide. anything else should be guided by the fundamentals and that is the bottom line. so next time you see the question " is it time to buy xyz" break out your fundamentals check list.
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Cheap doesn't mean it can't go lower. Zero is the limit.
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The MSCI Global Index is used as a benchmark by fund managers and thus might attract demand for the stock. However Grab's kryptonite, along with other tech stocks, is interest rate hikes. The market seems to be in the process of pricing 7 rate hikes this year and a 50 basis points increase during the next FED meeting. This process may take a few days or stretch to a few brutal weeks. My view is that Grab' stock price will only take off and establish a more stable floo...
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As a part time rider in SG, I will not buy Grab. F up company.
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have to see their result first
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Being included into MSCI doesn't add real value to $Grab Holdings (GRAB.US)$, only adds marketing hype.
After the temporary hype, paper hands and short term investors will sell off leading to a huge dip. Don't buy the news, sell the news.
As usual, DCA is the best strategy in the long run.
After the temporary hype, paper hands and short term investors will sell off leading to a huge dip. Don't buy the news, sell the news.
As usual, DCA is the best strategy in the long run.
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