Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sushree Mohanty

Grab's Stock Hit a Three-Year Low After Its $4.5 Billion Deal. Then Insiders Bought $30 Million.

Grab (GRAB) is often called the “Uber of Southeast Asia.” Earlier this month, GRAB stock took one of its sharpest hits in years after the company announced its acquisition of Atome Financial. While investors were still trying to understand the selloff, however, two of the company’s top executives stepped in and bought shares of Grab with their own money.

The timing is what makes this development interesting. Let's take a closer look.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.