:max_bytes(150000):strip_icc()/GettyImages-2202994400-1451b8c87f284f08bb263f7a178a9c54.jpg?w=1024&resize=1024,1024&ssl=1 "BigBear.ai Stock Plummets on Wider-Than-Expected Loss, Weak Outlook")
Key Takeaways
- BigBear.ai shares sank more than 20% Friday, a day after the provider of AI-powered predictive analytics reported a wider-than-expected loss and issued an outlook that disappointed.
- The company sees 2025 adjusted EBITDA in the “negative single digit millions,” while analysts polled by Visible Alpha were expecting a positive result.
- Friday’s plunge brought the stock into negative territory over the past 12 months.
BigBear.ai (BBAI) shares sank more than 20% Friday, a day after…
Article Source
https://www.investopedia.com/bigbear-ai-stock-plummets-on-wider-than-expected-loss-weak-outlook-11693093