10 Stocks Lead Rally Amid Market Bloodbath

3. Grab Holdings Ltd. (NASDAQ:GRAB)

Grab Holdings bounced back on Tuesday, adding 7.18 percent to its valuation to end at $3.73 apiece as investor sentiment was fueled by an investment firm’s positive rating for the company.

On Tuesday, Citi reaffirmed its Buy rating and a price target of $6.25 on GRAB shares. The new price represented a 67.56-percent upside from the company’s closing price on Tuesday.

According to Citi, its rating was based on GRAB’s product event GrabX 2025 in Singapore where its CEO, Anthony Tan, and Chief Product Officer Philipp Kandal, announced that the company was looking to embrace and integrate Artificial Intelligence into its operations, particularly to enhance its services for drivers and customers.

According to Citi, GRAB’s ongoing product innovation and proven track record of execution arms the company well to steer through market uncertainties.