Overview
- Shares closed up 15.08% at $7.02 on Thursday after hitting an intraday high near $7.18, with after-hours trading at $6.96.
- Trading volume swelled to about 169.9 million shares, far above recent averages and consistent with the stock’s high momentum ranking.
- SEC disclosures showed the Swiss National Bank boosted its holdings by 51.1% in Q2, while Vanguard and BlackRock added shares in subsequent quarters.
- BigBear.ai announced support for the Washington Commanders’ My Cause, My Cleats campaign, directing proceeds to the Fort Meade Alliance Foundation.
- Recent results showed Q3 revenue of $33.14 million with a 20.1% year-over-year decline and an EPS loss of $0.07, as investors track a planned Ask Sage acquisition often cited for roughly $25 million in ARR once closed.