Grab Slides After Poor Sales Outlook Clouds Maiden Buyback Plan
(Bloomberg) -- Grab Holdings Ltd.’s shares slid 5% after the ride-hailing leader forecast 2024 revenue below analysts’ estimates, suggesting a deeper-than-anticipated slowdown in its core online business.Most Read from BloombergNvidia Set for Biggest Gain in Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeShe Was Set to Break Goldman’s Glass Ceiling.
Source: yahoo.com