Here's Why BigBear.AI (BBAI) Stock is Surging 50% Higher
Shares of BigBear.AI (NYSE:BBAI) are up more than 50% on the day, with volume spiking to 212.44 million, as compared to its daily average volume. All thanks to a new contract with the U.S. Department of Defense’s Chief Digital and Artificial Intelligence Office (CDAO).
Why BigBear.ai Stock Jumped This Week
The software company's share price closed out the stretch up 5.4%, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index gained 1.7%, and the Nasdaq Composite index climbed 1.
BigBear.ai stock rises on DoD contract win
Investing.com -- Shares of BigBear.ai (NYSE: BBAI) climbed 8% after the company announced it had won a Department of Defense contract to advance its Virtual Anticipation Network (VANE) prototype for geopolitical risk analysis.
BigBearai Stock Rockets Today After Signing a DoD Contract
BigBearai (BBAI) stock is rocketing higher today after the artificial intelligence (AI) and machine learning solutions company signed a
BigBear.ai shares rise more than 38% on U.S. DoD contract
BigBear.ai (NYSE:BBAI) said on Wednesday that it has been awarded a contract by the Department of Defense (DoD) Chief Digital and Artificial Intelligence Office (CDAO) to advance BigBear.ai’s Virtual Anticipation Network (VANE) prototype.
BigBear.ai secures DoD contract for AI media analysis
MCLEAN, Va. - BigBear.ai (NYSE: BBAI), a provider of artificial intelligence solutions whose stock has surged nearly 35% in the past week and 211% over the last year, has been awarded a contract by the Department of Defense's Chief Digital and Artificial Intelligence Office (CDAO) to develop its Virtual Anticipation Network (VANE) prototype.
BigBear.ai wins DoD contract
BigBear.ai (BBAI) has been awarded a contract by the Department of Defense chief digital and artificial intelligence office to advance
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BigBear.ai Shares Jump on Defense Department Contract for Virtual Anticipation Network
Shares of BigBear.ai surged Wednesday after the company said it received a contract from the Department of Defense's chief digital and artificial intelligence office to develop its automated learning ...
Jim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock
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BigBear.ai (NYSE:BBAI) Shares Gap Down Following Insider Selling
Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI – Get Free Report) gapped down prior to trading on Thursday after an insider ...
Jim Cramer Advises Against BigBear.ai Holdings, Inc. (BBAI), Suggests Looking Elsewhere for AI Investments
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This AI Stock Is Up 432% In the Past Six Months. Should You Still Buy?
BigBear.ai (NYSE: BBAI) has been one of the most volatile AI stocks in the past two years but has been running hot in the past six months as the AI rally accelerated. The stock is up 432.3% in the ...