$Grab Holdings(GRAB)$stock value of a company really depends on whether investors especially institution find it worthy to put their money in and not much by company's performance. That's the hard truth.
Many good and performing stocks are undervalue.
For Grab that is losing money each and every year, I expected it's stock value to fall after it's IPO opening. It's not the golden boy in the eyes of investors and institution.
My advise, don't buy and don't hold if you have a way to get out of it.
Buy only when you see a light at the end of the tunnel. It will take some while or risk stagnation at the very low.
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Should be one of good holding share for future growth stock? Repost to ask more people opinions...