NEW YORK – Shares of Grab Holdings Ltd (NASDAQ: GRAB), the Southeast Asian technology company, experienced a notable decline during Tuesday’s trading session on the Nasdaq.
As of 12:40 PM Eastern Time on April 10th, Grab’s stock was trading at 0.36 per share, for the day.
The intraday chart shows the stock losing ground throughout the morning after opening above the $4.00 level. The current price sits well below the previous closing price of $4.26, indicating considerable selling pressure on the stock during the session. Investors are watching as GRAB navigates the market dynamics, falling below the psychologically important $4 threshold.