Bigbear.Ai Stock Drops 1.88% After $150M Offering

Bigbear.Ai Holdings, Inc. fell 1.88% in after-hours trading, following the company's submission of a $150 million common stock offering application, which could result in the sale of up to $150 million in stock. BigBear.ai is a leading provider of edge AI-driven decision intelligence solutions, focusing on national security, supply chain management, and digital identity.