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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: Short Squeeze In BigBear.ai?

BigBear short squeeze BBAI
BigBear.AI

BigBear.ai Holdings, Inc. (NASDAQ:BBAI) continues to trade higher on Wednesday. The stock has staged a significant and rapid rally over the past week. This action could indicate that a short squeeze may be underway.

A short squeeze can force a price higher. But when short squeezes end, stocks can crash. That is what happened to BigBear in February, when its value dropped by 60%. This is why it is our Stock of the Day.

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