From Barchart: 2024-12-05 17:06:46

BBAI Ultimate Holdings, LLC sold 4.78 million shares of BigBear.ai Holdings (NYSE:BBAI) at $2.96 each on December 5, 2024, leaving them with around 110.48 million shares. The company is known for AI data mining and analytics, often compared to Palantir Technologies (NYSE:PLTR).

BigBear.ai’s stock price surged by 12.8% to $2.86, following favorable comparisons to Palantir. Despite being a small-cap tech stock, it has seen a 28% increase and is gaining attention for its potential to deliver substantial returns.

BigBear.ai’s profitability and strategic partnership with Palantir are driving its growth. The collaboration targets AI and machine learning cloud-based markets, hinting at future growth potential despite no significant results yet.

With a market capitalization of around $716.68 million, BBAI’s stock price currently sits at $2.86, reflecting a 9.58% increase with fluctuations between $2.65 and $3.20. The stock has a trading volume of 52.08 million shares and a high of $4.80 and low of $1.17 over the past year.



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