Do you see the stock market as a glass half empty or a glass half full?
Even as the stock market continues to seesaw, some Syfe Trade investors are choosing to view current conditions as an opportunity to trade quality stocks at a bargain.
Grab (GRAB) and Sea (SE) were among the top 5 most traded stocks on Syfe Trade last week while NIO (NIO) saw a surge in trading interest from our customers. The jump in popularity propelled NIO to our top 20 most traded.
Here’s what to know.
Grab
Shares of ride-hailing and food-delivery company Grab plunged almost 40% last Thursday after the firm reported disappointing earnings.
The company reported a net loss of US$1.1 billion for the fourth quarter of 2021. This figure is almost double the US$635 million loss in Q4 2020. However, US$328 million of the recent quarter’s loss came from expenses related to its public listing last year. Although this amount is massive, it’s a one-off expense....