Not a good debut for Grab.
Shares in Grab whipsawed in their Nasdaq debut on Thursday after the SE Asian super app concluded a record US$40bn merger deal with a blank cheque company. Shares opened at US$13.06, up from the previous day’s close of US$11.01 when it was still trading as Altimeter Growth Corp, but then fell below $9 in early trading. It closed at US$8.75.
LOL or SAD?
Thoughts of a Cynical Investor 
but malaysian banks have lots of ringgit in this company.