Finance2 sources
Grab Holdings Stock Rises 9% After Q3 Revenue Beat and Outlook Raise
- Grab Holdings (NASDAQ:GRAB) closed at $3.12, up 9.09% after reporting Q3 revenue above estimates.
- The company raised its full-year 2026 revenue and profit forecasts.
- Trading volume reached 144.8 million shares, about 143% above average.
- The rise in ride-hailing and food-delivery demand across Southeast Asia is expected to offset regulatory hurdles.
- Investors are monitoring whether the higher guidance and improved profitability will sustain the stock's upward trend.