Grab Jumps 48% in a Year: Should You Hold or Fold the Stock?

Grab Holdings (GRAB) shares have appreciated 48.1% in the trailing 12 months, outperforming the Zacks Computer & Technology sector’s return of 7% and the Zacks Internet - Software industry’s rise of 14.8%.Grab is benefiting from strong growth in its On-Demand Gross Merchandise Value (GMV), expanding fintech offerings and increasing user engagement across its platform. GRAB is a leading provider of deliveries, mobility and digital financial services sectors in more than 800 cities across eight countries in S ...