Grab Surged 13.69% as Upgraded to Outperform

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Grab Surged 13.69% as Upgraded to Outperform

seekingalpha2022-05-31

Grab Holdings (NASDAQ:GRAB) shares surged 13.69% in Tuesday morning trading after Bernstein analyst Venugopal Garre upgraded the stock to Outperform from Market Perform on improving momentum in its ...

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Comment（71）

hippyboy
·2022-06-01
At the current run rate / burn rate, they will have ZERO cash in 2.5 years... either that or they will have to raise additional equity and thus significantly dilute existing shareholders
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4
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JcJc
·2022-06-01
Ok 👌
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UTOtrader
·2022-06-01
Sell n get money n enjoy
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3
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Asphen
·2022-06-01
Funny 😁
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whereareyou
·2022-06-01
upgrade =/= profitable [Gosh]
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Bentofighter
·2022-06-01
Pls like
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1
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来人
·2022-06-01
Nice
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1
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InvisibleP
·2022-06-01
Ok
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2
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Mic6226
·2022-06-01
Good
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1
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mel18
·2022-06-01
I'm still wary
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7
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HENRYCSC
·2022-06-01
Ok
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2
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陈河马
·2022-06-01
Wow
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1
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FU5591
·2022-06-01
o[LOL]
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1
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Ghostwalker
·2022-06-01
Ok
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1
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TSY123
·2022-06-01
Okay
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2
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andrew123
·2022-06-01
Great
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2
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YJ Lee
·2022-06-01
Ok
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2
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BullishKing
·2022-06-01
Like pls
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8
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Goodgolddays
·2022-06-01
Doubtful
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4
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Rick13
·2022-06-01
Ok
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3
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Surged 13.69% as Upgraded to Outperform\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3843893-grab-holdings-upgraded-to-outperform-as-ride-hailing-set-to-rebound><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings (NASDAQ:GRAB) shares surged 13.69% in Tuesday morning trading after Bernstein analyst Venugopal Garre upgraded the stock to Outperform from Market Perform on improving momentum in its ...</p>\n\n<a href=\"https://seekingalpha.com/news/3843893-grab-holdings-upgraded-to-outperform-as-ride-hailing-set-to-rebound\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GRAB","symbol_name":"Grab Holdings","start_time":0,"source_url":"https://seekingalpha.com/news/3843893-grab-holdings-upgraded-to-outperform-as-ride-hailing-set-to-rebound","article_id":"2239728861","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2239728861","pubTimestamp":1654007908,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Grab Holdings (NASDAQ:GRAB) shares surged 13.69% in Tuesday morning trading after Bernstein analyst ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"GRAB":"Grab Holdings"},"translate_title":"Grab大涨13.69%因升级跑赢","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GRAB":1},"content_text":"Grab Holdings (NASDAQ:GRAB) shares surged 13.69% in Tuesday morning trading after Bernstein analyst Venugopal Garre upgraded the stock to Outperform from Market Perform on improving momentum in its ride-hailing segment.The expected rebound in ride-hailing should help to offset a moderation in food delivery. The upgrade also reflects potential long-term value from fintech and grocery segments, he said.\"Ride-hailing will benefit from the reopening, and the scale-up can be non-linear as demand for mobility normalizes and costs reduce with an increase in driver supply,\" Garre wrote in a note to clients. \"Near term, while driver supply and fuel challenges remain, we see this reflected in valuations. We expect a 35% CAGR in bookings (CY'21-'24), with margins bottoming in 1H22.\"","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9027256964,"gmtCreate":1654044212958,"gmtModify":1676535383861,"author":{"id":"4114990446205212","authorId":"4114990446205212","name":"hippyboy","avatar":"https://community-static.tradeup.com/news/588f9c8cf3fe551e3d0f15fc9b883792","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4114990446205212","authorIdStr":"4114990446205212"},"htmlText":"At the current run rate / burn rate, they will have ZERO cash in 2.5&nbsp;years... either that or they will have to raise additional equity and thus significantly dilute existing shareholders","listText":"At the current run rate / burn rate, they will have ZERO cash in 2.5&nbsp;years... either that or they will have to raise additional 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👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027224393","repostId":2239728861,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027222345,"gmtCreate":1654043649987,"gmtModify":1676535383593,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"Sell n get money n enjoy","listText":"Sell n get money n enjoy","text":"Sell n get money n enjoy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027222345","repostId":2239728861,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027235221,"gmtCreate":1654041972363,"gmtModify":1676535382596,"author":{"id":"3576339097425722","authorId":"3576339097425722","name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3576339097425722","authorIdStr":"3576339097425722"},"htmlText":"Funny 😁&nbsp;","listText":"Funny 😁&nbsp;","text":"Funny 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still wary","listText":"I'm still wary","text":"I'm still 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