Stock Market Today, Jan. 15: Grab Slides After AI Logistics Investment Fails to Offset Share Price Weakness
Grab (NASDAQ:GRAB), Southeast Asia superapp for mobility and payments, closed Thursday at $4.39, down 5.18%. The stock is sliding as recent coverage emphasizes week- and month-long share price weakness and intrinsic-value debates, and investors are watching whether fundamentals and AI-driven logistics investments can stabilize sentiment.Trading volume reached 111 million shares, about 133% above its three-month average of 48.4 million shares. Grab IPO'd in 2020 and has fallen 63% since going public. How t ...