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Companies coming public through mergers with special purpose acquisition companies (SPACs) became quite trendy in early 2021, but interest (and investments) in them fizzled quite a bit in the latter half of the year. Over 600 of these "blank-check companies" were launched in 2021, and m...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Grab Holdings (NASDAQ: GRAB ) is a delivery, e-commerce, and fintech company that’s focused on various Southeast Asian markets. The company came public via a special purpose acquisition company (SPAC). Specific...
A company sometimes struggles due to things that are out of its control. If you can tell the difference between a broken stock and a broken company, buying stock in an entity hit with temporary setbacks can reward a patient investor. Southeast Asian tech company Grab Holdings (NAS...
Restaurant management software company Toast has dropped sharply in recent months. It isn't necessarily a buy just because the price has dipped considerably. Given the company's anemic profit margins, shares could have further to slide. For further details see: Is Toast ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips When Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ: GRAB ) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history...
Last month, all food delivery and grocery delivery stocks have experienced a significant decline in stock prices. The Information reported that Amazon is supposedly set to significantly ramp up investments in the grocery-delivery market. It is a way for Amazon to achieve once agai...
Headed into the final two holiday-shortened weeks of 2021, the major themes of the year continued to show their power. SA readers swarmed to a new offering from high-profile fund manager Cathie Wood and remained interested in fresh SPAC deals, according to an analysis of portfolio additions a...
Sea Limited has been one of the top sought-after pandemic plays. Both of its two engines - gaming and e-commerce - are key beneficiaries of the COVID-19 measures. The uniqueness of SE, the ability to leverage its cash cow gaming unit to grow new businesses, has seen investors flocking...
Consumer finance platform LendingClub (NYSE:LC) -19% tops this week's biggest financial losers (with a market cap of $2B+). Brazil-based neobank Nu Holdings (NYSE:NU) -17.3% drops after debuting earlier in December; Bitcoin miner Marathon Digital Holdings (NASDAQ:MARA) ...
Top E-commerce Stocks For Your List This Month The stock market has seen the rise of various industries over the past few years. Some of which greatly benefitted from the global pandemic that has kept people in their homes for long durations. An example of this would be e-commerce...
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NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024. The Company’s management will hold a con...