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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BlackBerry Limited was a technical “one to watch” on Tuesday. Shares moved 4.49%, settling at $3.96 as the stock provided technicians with a Golden Cross (50 DMA / 200 DMA) technical signal.

Tuktu Resources Ltd. was an impressive gainer on the TSX-Venture on Tuesday. Shares climbed 150.00%, settling at $0.05.

Trading on the OTC Markets, LILMF rallied 268.00%, closing at $0.14 on Tuesday.

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

Other Penny Stock Movers

Acquisition News Sends Micro-Cap Rallying Over 70%

Firm Expands Footprint to Four Blockchains, Sending Shares Higher

This Biotech Stole The Show Following Securities Purchase Agreement Announcement

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