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Why Grab Holdings Plunged 39.2% in March


Shares of Grab Holdings (NASDAQ: GRAB) plunged 39.2% in March, according to data provided by S&P Global Market Intelligence.

The food delivery business, which used to focus on ridesharing, has seen its share price cut by more than half since the beginning of the year.

Image source: Getty Images.

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Source Fool.com

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