Down 24%, Should You Buy the Dip on BigBear.ai?
Many companies that sell artificial intelligence (AI) services have seen their share price skyrocket over the past couple of years. AI data analytics company BigBear.ai (NYSE: BBAI) has seen significant volatility, but it has also benefited from bullish market sentiment.The company's share price has surged 142% over the past 12 months, dwarfing the 11% return of the S&P 500. That said, it has also lost a lot of ground lately with a 24% decline in just the past three months.The recent dip no doubt has some investors wondering if this is a great time to buy BigBear.ai stock or a warning sign to stay away. The company still has a lot to prove, and here are three reasons investors should leave this AI stock alone right now.Continue reading
Many companies that sell artificial intelligence (AI) services have seen their share price skyrocket over the past couple of years. AI data analytics company BigBear.ai (NYSE: BBAI) has seen significant volatility, but it has also benefited from bullish market sentiment.
The company's share price has surged 142% over the past 12 months, dwarfing the 11% return of the S&P 500. That said, it has also lost a lot of ground lately with a 24% decline in just the past three months.
The recent dip no doubt has some investors wondering if this is a great time to buy BigBear.ai stock or a warning sign to stay away. The company still has a lot to prove, and here are three reasons investors should leave this AI stock alone right now.
