BigBear.ai Holdings (BBAI) stock fell sharply in pre-market trading on Wednesday, plummeting 5.63%. This decline came after a top investor warned against buying into the hype surrounding the data analytics company.
In an article published on Tuesday, the investor cautioned that BigBear.ai, which helps streamline data for government and commercial clients, may not live up to the expectations of investors looking for the next big thing in AI. The warning seemed to dampen enthusiasm for the stock, leading to the significant pre-market drop.
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