Why BigBear.ai Stock Rallied Monday Morning

Investors in the artificial intelligence (AI) specialist got some much-needed good news.Shares of BigBear.ai (BBAI 14.60%) got a much-needed boost on Monday, surging as much as 13.7%. As of 11:37 a.m. ET, the stock was still up 13.1%.The catalyst that sent the artificial intelligence (AI) specialist higher was word the company had scored a big contract.The U.S. Army's digital transformationIn a press release Monday morning, BearBear announced a new five-year $165.2 million contract to produce a next-generat ...