Grab's shares rose as much as 21% minutes after the listing before retreating to trade 23% lower at US$8.51 by 1834 GMT.
SINGAPORE: Shares in Grab, Southeast Asia's biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut on Thursday following the company's record US$40 billion merger with a blank-check company.
Grab's shares rose as much as 21% minutes after the listing before retreating to trade 23% lower at US$8.51 by 1834 GMT.
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