BigBear.ai: Meme Stock or Growth Stock?
BigBear.ai(BBAI) fool.com·2024-05-27 19:00
Is the enterprise AI software company actually a viable investment?BigBear.ai (BBAI 3.29%) has been a wildly volatile stock ever since its public debut. The developer of enterprise AI software went public by merging with a special purpose acquisition company (SPAC) on Dec. 8, 2021. Its shares opened at $9.84 on the first day, hit an all-time high of $12.69 on April 13, 2022, but now trade at about $1.50.Like many other SPAC-backed tech companies, BigBear.ai failed to meet its own lofty growth estimates. Ris ...