5 Things Smart Investors Should Know About BigBear.ai

BigBear.ai (BBAI -4.65%) has disappointed a lot of investors since it went public by merging with a special purpose acquisition company (SPAC) in December 2021. The data mining and analytics company's stock started trading at $9.84 on its first day and rose to an all-time high of $12.69 the following April, but now trades at about $2.BigBear.ai initially dazzled the bulls with rosy long-term estimates before it closed its merger. But like many other SPAC-backed companies, it missed those estimates by a mile ...