What caused bbai run up in Jan 24

BigBear.ai Holdings (BBAI) experienced a run up of 1.35% in its stock price on January 24, 2025. The run up in BBAI's stock price on January 24, 2025, can be attributed to the following factors: 1. **Executive Order Changes and CEO Appointment**: BBAI's stock price soared on January 21, 2025, following the revocation of a Biden-era executive order by President Trump. This change in executive order was seen as a positive development for BBAI, which specializes in defense-related AI solutions. Additionally, the appointment of a new CEO, Kevin McAleenan, who has connections to President Trump, potentially bolstered investor confidence in the company's future trajectory. 2. **Potential Government Support for AI Infrastructure**: There is a potential for government support for AI infrastructure, which could benefit BBAI. President Biden has signed an executive order to provide federal support for the construction of AI data centers and clean power facilities. This order aims to accelerate the development of next-generation AI infrastructure in the United States, which could positively impact BBAI's business. In conclusion, BBAI's run up on January 24, 2025, was likely driven by a combination of the executive order changes and the CEO appointment, and potential government support for AI infrastructure. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |BBAI|BBAI.N|BigBear.ai Holdings|20250124|-2.1327|169| |code|Ticker|Name|Date|Pre-Market Percentage Change|market_code| |---|---|---|---|---|---| |BBAI|BBAI.N|BigBear.ai Holdings|20250124|0.481|169| |code|Ticker|Name|Date|Post-Market Percentage Change|market_code| |---|---|---|---|---|---| |BBAI|BBAI.N|BigBear.ai Holdings|20250124|1.8402|169|