Grab Holdings shares are trading lower following a Q2 revenue miss and soft FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Grab Holdings shares are trading lower following a Q2 revenue miss and soft FY24 guidance.
August 15, 2024 | 11:13 am
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Grab Holdings shares are trading lower due to a Q2 revenue miss and soft FY24 guidance.
The Q2 revenue miss indicates weaker-than-expected performance, and the soft FY24 guidance suggests potential challenges ahead, leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100