BigBear.ai Stock Stays Hot After Earnings, Ask Sage Purchase

Core Insights - BigBear.ai Holdings (NYSE:BBAI) has seen a significant increase in stock price, rising 13.8% to $6.90, despite a larger-than-expected adjusted loss of seven cents per share in Q3 [1] - The company reported Q3 revenue that exceeded forecasts and announced a $250 million agreement to acquire Ask Sage, a generative AI platform [1] - BBAI's stock has increased 56.4% in 2025, recovering from trading below $2 a year ago, although it remains below its record high of $10.36 from February 13 [2] Trading Activity - There is a notable short squeeze potential, with 79.41 million shares sold short, representing 18.4% of BBAI's total available float [2] - Options trading shows a strong preference for calls, with 89,429 calls bought to open in the past two weeks compared to 28,615 puts [3] - Today's trading volume includes over 204,000 calls, which is triple the average intraday amount, against only 59,000 puts, indicating bullish sentiment [4]