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Why BigBear.ai Stock Skyrocketed This Week
BBAIBigBear.ai(BBAI) The Motley Fool·2024-12-22 00:06

BigBear.ai (BBAI 10.28%) stock posted big gains over the last week of trading. The company's share price ended Friday's daily trading session up 23.4% from the previous week's market close, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index closed out the week down 2%, and the Nasdaq Composite index ended the stretch down 2.3%.Despite bearish news on interest rates from the Federal Reserve this week, BigBear.ai stock managed to record explosive gains. The company's share pri ...