Should You Forget BigBear.ai and Buy These 2 Millionaire-Maker Stocks Instead?

BigBear.ai (NYSE: BBAI), a developer of artificial intelligence (AI)-oriented analytics tools, has taken its investors on a wild ride since it went public by merging with a special purpose acquisition company (SPAC) three years ago. The combined company's stock opened at $9.84, rose to a record high of $12.69 in April 2022, but sank below $1 by December 2022.Like many SPAC-backed start-ups, BigBear.ai overpromised and underdelivered. It originally claimed it could grow its revenue from $182 million in 2021 to $388 million in 2023, but its revenue only rose from $146 million to $155 million during that period. It blamed that slowdown on macroeconomic headwinds, competition, and the bankruptcy of its major customer Virgin Orbit in 2023. CEO Reggie Brothers also stepped down in late 2022.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool