Shares of BigBear.ai Holdings (NYSE:BBAI) soared 9.78% in the post-market session on Sunday, as the artificial intelligence (AI) stock frenzy showed no signs of slowing down.
The AI-driven company's stock has been a standout performer this year, rallying a staggering 93% year-to-date as investors pile into companies at the forefront of the rapidly growing AI sector. With AI technology increasingly being adopted across various industries, companies like BigBear.ai are benefiting from heightened investor interest and optimism.
However, some analysts caution that the AI stock frenzy may have gone too far, with one investor quoted as saying it may be "too late to jump aboard" BigBear.ai's rally. Despite the recent surge, the stock remains well off its 52-week highs, leaving room for further upside if the company can continue delivering on its AI promises.
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