Shares Of This Holding Company Are Soaring On Q3 Results And FY25 Guidance

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, November 12, 2024

A Singapore-based technology holding company is stealing the show so far during Tuesday’s session after the company reported better-than-expected Q3 financial results and raised its FY25 revenue guidance above estimates, according to a release this morning.

Traders didn’t hesitate to snatch up shares of Grab Holdings Limited (Nasdaq:GRAB) as they pushed this stock up to $4.93/share (+12.56%) at the early session high. This move is a strong continuation of the success this stock has had since August.

Grab Holdings Inc is an investment holding company. The Group enables access to transportation, delivery, mobile payment, financial services and enterprise offerings in Southeast Asia through its mobile application (the Grab Platform).

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Shares Of This Holding Company Are Soaring On Q3 Results And FY25 Guidance

Other Penny Stock Movers

Strategic Acquisition Sending Shares of Junior Miner Higher

U.S. Housing Starts Trend Down, Existing Sales Recover

Shares of Global Commodity Market Leader Moving Up in Heavy Trading

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