Cowen AND Company LLC purchased a new position in shares of Grab Holdings Limited (NASDAQ:GRABW – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 302,710 shares of the company’s stock, valued at approximately $49,000.
Separately, Altimeter Capital Management LP purchased a new stake in shares of Grab during the 4th quarter worth $788,000.
Grab Stock Performance
Shares of GRABW stock opened at $0.17 on Tuesday. Grab Holdings Limited has a 12 month low of $0.11 and a 12 month high of $0.43. The firm has a fifty day moving average price of $0.18 and a 200 day moving average price of $0.19.
Grab Profile
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.
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