Why BigBear.ai Stock Is Soaring Again Friday
Friday is looking like another good day for holders of BigBear.ai (NYSE: BBAI) stock. The fast-growing technology company offers artificial intelligence (AI) decision-making solutions using advanced analytics, predictive models, and other tools for organizations in various industries.
As of 2:03 p.m. ET, the stock was trading up by 31.6%, tacking on to what is now an approximately 110% gain since last week's close.
These moves higher came after the company announced two new contracts with the U.S. military in the past week. Some investors may now be wondering if BigBear.ai could become the next Palantir Technologies.
Source Fool.com
