Why BigBear.ai Stock Is Skyrocketing Today

BigBear.ai (NYSE: BBAI) stock is roaring higher again in Thursday's trading. The company's share price was up 13.6% as of 2 p.m. ET amid a 0.5% jump for the S&P 500 (SNPINDEX: ^GSPC) and a 0.7% jump for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been up as much as 17.4% earlier in the session.While there doesn't appear to be any fresh business-specific news for BigBear.ai today, its valuation is getting a big boost in conjunction with bullish momentum for the broader market. Palantir stock hitting a new record high today may also be giving the smaller defense tech player's share price a lift as well.BigBear.ai stock is now up 224.5% over the last three months. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool