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Why BigBear.ai Stock Blasted Higher on Monday Morning
BBAIBigBear.ai(BBAI) The Motley Fool·2024-03-04 17:37

Shares of decision intelligence specialist BigBear.ai (BBAI 31.79%) continued its amazing run on Monday, surging as much as 38.7%. As of 11:50 a.m. ET, the stock was still up 28.5%.A check of all the usual suspects -- regulatory filings, analyst commentary, and financial reports -- revealed no company-specific news fueling the surge. This suggests the rise was due to an announcement concerning another company in the artificial intelligence (AI) space.Riding Supermicro's coattailsSuper Micro Computer, also k ...