Holding Company Finds Mid-Week Success

A Singapore-based holding company in the tech space gained a lot of attention from traders on Wednesday after the company reported Q2 2023 financial results. One of the major highlights was the revenue growth, which grew by 77% to $567 million YoY.  

Shares of Grab Holdings Limited (Nasdaq:GRAB) rallied strongly on the news, reaching up to $3.76/share (+12.57%) at the session high. This move is a strong continuation of the success this stock has had over the last six months. 

Grab Holdings Inc is an investment holding company. The Group enables access to transportation, delivery, mobile payment, financial services and enterprise offerings in Southeast Asia through its mobile application (the Grab Platform).

Copyright © 2023 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.