On July 6, Grab Holdings fell 5.51% in regular trading, trading at $3.68/share, with turnover of approximately $56.83 million.

On the news front, Grab Holdings announced that Uber CEO Dara Khosrowshahi has resigned from the company's board of directors, effective July 6. As Uber remains a significant strategic shareholder in Grab, the departure of its CEO from the board has raised market concerns over a potential weakening of the strategic partnership between the two companies, weighing on investor sentiment.

On the fundamental side, Grab reported Q1 net income attributable to shareholders of $136 million, up 466.67% year-over-year, with revenue of $955 million, up 23.54% year-over-year, maintaining a multi-quarter trend of profitability improvement. In Q4 of the prior fiscal year, the company posted revenue of $906 million, missing analyst estimates of approximately $937 million, while guiding full-year revenue of $4.04 billion to $4.10 billion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)