Why BigBear.ai Stock Is Skyrocketing Again Today

06.12.24 18:27 Uhr

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15,12 USD -2,13 USD -12,35%

BigBear.ai (NYSE: BBAI) stock is seeing another day of huge gains in Friday's trading. The company's share price was up 20% as of 12:15 p.m. ET and had been up as much as 26.9% earlier in the daily session.While there does not appear to be any direct, business-specific news that's pushing BigBear.ai stock higher today, the company's share price may is climbing in conjunction with the news that Palantir Technologies (NASDAQ: PLTR) has formed a new partnership with Booz Allen Hamilton to accelerate U.S. defense technologies. BigBear has a partnership with Palantir, and a narrative connection has recently emerged between the two stocks that has helped push the latter company's valuation higher.Palantir and Booz Allen Hamilton published a joint press release today announcing that they were teaming up to promote U.S. defense mission innovation. Palantir stock is up 6% as of this writing on the news. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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