Why Grab Holdings Ltd. (GRAB) Surged On Tuesday?

We recently published a list of 10 Stocks Lead Rally Amid Market Bloodbath. In this article, we are going to take a look at where Grab Holdings Ltd. (NASDAQ:GRAB) stands against other stocks that lead rally amid market bloodbath.

The stock market took a battering anew on Tuesday, with all major indices registering steep losses as investors continued to digest President Donald Trump’s next tariff deadline that would slap China with a cumulative 104-percent tariff.

The tech-heavy Nasdaq registered the heaviest fall, down by 2.15 percent, followed by the S&P 500’s 1.57 percent decline, and the Dow Jones’ 0.84-percent drop.

Meanwhile, 10 companies—four of which were in the medical sector—bucked an overall market decline, booking modest gains during the session.

In this article, we listed the 10 well-performing names of Tuesday and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

A customer enjoying the convenience of a mobile financial services transaction.

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.

Overall, GRAB ranks 3rd on our list of stocks that lead rally amid market bloodbath. While we acknowledge the potential of GRAB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GRAB but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.