Grab Holdings Limited Stock Down 1.23% Amid S&P 500 Gain: Key Takeaways

Grab Holdings Limited (GRAB) shares declined 1.23% to $5.64, lagging the S&P 500's 0.53% gain. The company is forecasted to report an EPS of $0.03, a 200% increase from the same quarter last year, and revenue of $882.02 million, a 23.19% increase. The Zacks Rank is #2 (Buy) with a Forward P/E ratio of 122.36, a premium compared to the industry average. The Internet - Software industry is part of the Computer and Technology sector, with a Zacks Industry Rank of 65, ranking in the top 27% of all industries.