HSBC Maintains Buy on Grab Hldgs, Lowers Price Target to $4.75
HSBC analyst Piyush Choudhary maintains Grab Hldgs (NASDAQ:GRAB) with a Buy and lowers the price target from $7.5 to $4.75.
Why Grab Shares Are Soaring Today
Grab Holdings Limited (NASDAQ:GRAB) reported first-quarter FY22 revenue growth of 6% year-on-year to $228 million. Mobility segment acceleration and strong core…
Mid-Afternoon Market Update: Dow Falls 150 Points; NeuroMetrix Shares Spike Higher
U.S. stocks traded mixed toward the end of trading, with the Dow Jones dropping around 150 points on Thursday.
Mid-Day Market Update: Nasdaq Rises 100 Points; Cisco Shares Plunge
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite adding 100 points on Thursday.
38 Stocks Moving In Thursday’s Mid-Day Session
Gainers
NeuroMetrix, Inc. (NASDAQ: NURO) shares climbed 34.6% to $4.1993 after the company announced the FDA has granted De Novo authorization to market the Quell neuromodulation device as an aid for reducing the symptoms of fibromyalgia.
Grab Hldgs Q1 Sales $228.00M Up From $216.00M YoY
Grab Hldgs (NASDAQ:GRAB) reported $228.00 million in sales this quarter. This is a 5.56 percent increase over sales of $216.00 million the same period last year.
Earnings Scheduled For May 19, 2022
Companies Reporting Before The Bell
• Sociedad Quimica Y Minera (NYSE:SQM) is projected to report quarterly earnings at $1.28 per share on revenue of $1.28 billion.
Stocks That Hit 52-Week Lows On Wednesday
On Wednesday, 807 companies reached new 52-week lows.
