JAKARTA (Bloomberg): GoTo Group jumped Tuesday (Dec 13) by the most since May as some brokers upgraded the battered stock following weeks of sharp selloff.
The Indonesian ride-hailing and e-commerce provider surged as much as 24% to 108 rupiah, snapping 16 straight sessions of losses. Trading volume also soared to more than 25 times its three-month average.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!