Stock-Split Watch: Is BigBear.ai Next?
BigBear.ai (NYSE: BBAI) has become popular among investors looking for artificial intelligence (AI) stocks with high growth potential. With a $2.5 billion market cap (as of Sept. 19), this AI data analytics company is still on the smaller side, comparatively speaking. And while it's volatile, it has done very well over the last year, with returns of 334%.
When companies grow rapidly, they sometimes carry out stock splits to keep their share prices from getting too high. This can be an exciting time for investors. Companies have an average 12-month return of 25.4% after announcing a stock split, much higher than the S&P 500 index and its average annual return of 11.9%.
The growth is there for BigBear.ai, so is a stock split on the horizon? It has never done one before -- let's see whether that's likely to change in the near future.
Source Fool.com
