BigBear.ai Soared Again Today. Is the Stock a Buy?

BigBear.ai (NYSE: BBAI) stock saw another day of explosive gains Thursday despite no major business-specific catalysts for the company. Its share price rose 15.2% in the daily session and had been up as much as 17.7% earlier in the day's trading. The S&P 500 closed out the day up 0.5%, and the Nasdaq Composite climbed 0.7% in the session.With investors betting that macroeconomic and political dynamics will continue to lift the broader market, today was an especially strong day of trading for growth-dependent and otherwise speculative tech stocks. BigBear.ai stock recorded another day of double-digit gains despite no fresh news hitting the scene -- although the stock may have gotten a boost from Palantir climbing to a new valuation high. BigBear.ai stock has frequently seen gains in conjunction with rallies for Palantir this year, but it's not clear that performance between the two companies is necessarily correlated. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool