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Why BigBear.ai Stock Is Skyrocketing Today

TheMotleyFool

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Why BigBear.ai Stock Is Skyrocketing Today: https://g.foolcdn.com/editorial/images/823412/gettyimages-1513403586.jpg

BigBear.ai (NYSE: BBAI) stock is seeing another day of explosive gains in Monday's trading. The software specialist company's share price was up 20% as of 2:15 p.m. ET. Meanwhile, the S 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were both up 1% during that time frame.

BigBear's valuation is surging higher today thanks to excitement surrounding defense technology stocks. The company's share price is now up 83% over the last month.

Image source: Getty Images.

Source Fool.com

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