Flash Report /
Global

Grab Altimeter before the almighty short squeeze

  • There is a high likelihood of a short squeeze on Altimeter, which is one of the most heavily shorted stocks in EM

  • Altimeter has fallen by 22% since the Grab merger announcement due to weakness in the SPAC market

  • Grab has a great chance of becoming ASEAN's premier super app. We reiterate our Buy recommendation, with 38% upside.

Grab Altimeter before the almighty short squeeze
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
3 November 2021
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