BigBear.ai Holdings, Inc. (NYSE: NYSE:BBAI ) saw its shares skyrocket by 35% to $1.80 after the company announced it had been awarded a significant subcontract under the U.S. Federal Aviation Administration's (FAA) Information Technology Innovative Procurement Strategic Sourcing (ITIPSS) program. This announcement, made Wednesday, sent waves through the stock...
BBAI fell on an earnings miss on Thursday March 7th. The downtrend of 30% was basically a
slow flush. Penny stocks are volatile to begin with; this one is in the hottest of subsectors.
Price is in the hard oversold area just above the second lower VWAP line on this 15 minute
while the RSI lines are in the mid-30s showing the price weakness. A predictive...