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Stock impact report

Why Grab Holdings Limited (GRAB) Outpaced the Stock Market Today [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a gain of 0.67% for the day. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, added 0.87%. Shares of the company have depreciated by 2.99% over the course of the past month, outperforming the Computer and Technology sector's loss of 7.99% and the S&P 500's loss of 5.28%. The investment community will be closely monitoring the performance of Grab Holdings Limited in its forthcoming earnings report. On that day, Grab Holdings Limited is projected to report earnings of $0 per share, which would represent year-over-year growth of 100%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $760.85 million, up 16.52% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.05 per share and revenue of $3.34 billion. These totals would mark changes of +266.67% and +19.57%, respectively, from last year. Investors should als Show less Read more
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