$Grab Holdings (GRAB.US)$ lost more than one-fifth of their value on their first day of trading in New York. 
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations. 
What's the reason that caused it to drop? Would you like to tell about your observation?

$Grab Holdings (GRAB.US)$  gogogogoogogo

$Vanguard S&P 500 ETF (VOO.US)$ i got $30,000. should i buy VOO straightaway now? or should i wait for a dip or major dip to buy this stock?

$Remark Holdings (MARK.US)$ got in at 4.15 yesterday, saw the rapid fluctuation, set the auto-sell at 4.40 and went to sleep. Made US$180 overall but had a good night sleep....

$PayPal (PYPL.US)$ is rumored to be making an offer for Pinterest, I am skeptical since PYPL got hammered, and after an initial huge spike in PINS it too has lost a lot of the pop it had on the rumor. If there is no news on “Merger Monday” I will be even more skeptical than before. The merger caused a lot of head scratching among the chattering class, I too was perplexed. I heard the rationale later on and it started to make a bit of sense. I have always liked the PINS potential to be an eCommerce portal, and I never understood what took $Pinterest (PINS.US)$ so long to monetize that opportunity. PINS is uniquely suited to be involved in planning a purchase, only “Googling” has similar characteristics. Though of course it is easier to Google something than to set up a collection, and “pinning” new items. That said, using Pinterest to plan an event, build a wardrobe or decorate a home has the potential to bring a large purchase, it has a lot of value to the eTailer. Since PYPL has stated an ambition to be a superapp like they have in China, perhaps using PINS as an ecommerce portal for some businesses that it already has a payment relationship, and perhaps tying Venmo into all of this could make sense. I will keep building my PYPL position, I know that either they announce the PINS acquisition and Dan Shulman explains his plan or the acquisition doesn’t happen, either way I think it bounces back toward old highs.

$Fastly (FSLY.US)$ to the mooooooooooon!