Why Viking Holdings Ltd. (VIK) 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 Viking Holdings Ltd. (NYSE:VIK) 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 luxury cruise ship in motion in the ocean, with passengers enjoying the view on the deck.

Viking Holdings Ltd. (NYSE:VIK)

Viking Holdings rallied by 4.01 percent on Tuesday to finish at $35.51 apiece as investor sentiment was buoyed by announcements that it would soon launch a new ship—the first to be powered by hydrogen stored onboard for both propulsion and onboard electricity generation.

Called the Viking Libra, the vessel is now underway construction at the Fincantieri Ancona shipyard and is scheduled for delivery in late 2026.

The Viking Libra will have a gross tonnage of approximately 54,300 tons and a length of 239 meters and will be able to accommodate up to 998 guests in 499 staterooms.

The new ship marks a new state-of-the-art hydrogen propulsion system that, combined with advanced fuel cell technology, will be able to produce up to six megawatts of power, and will set a new benchmark for the industry’s decarbonization efforts.

Apart from Libra, Viking’s subsequent ocean ship, the “Viking Astrea,” which is also under construction and scheduled for delivery in 2027, will also be powered by hydrogen.

Overall, VIK ranks 8th on our list of stocks that lead rally amid market bloodbath. While we acknowledge the potential of VIK 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 VIK 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.