$Grab Holdings(GRAB)$The fall of Grab stock is obvious. It is a growth company and those aren’t in fashion. It is unprofitable and that is not what Wall Street wants. The quarter numbers,also displeased some analysts, who began questioning the growth thesis.
On the other hand, Grab operates within a vast, fast-growing market. It offers the kinds of online services that are proven to work elsewhere. That may be why 8 of the 9 analysts following Grab at Tipranks tell people to buy it. The one seller has a price target of $4.50 per share. Even if it hasn’t bottomed, it is close to it.
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