BigBear.ai, a company that makes software for the government, had a bad week! Its stock price went down a lot because of some big changes. This is important news because it shows how the economy and government decisions can affect companies.
- The government wants to cut its military spending.
- This is bad news for BigBear.ai because it gets a lot of its money from government contracts.
- Other companies that rely on strong economic growth also saw their stock prices drop.
| Fact | Number |
|---|---|
| BigBear.ai stock price drop this week | 24.7% |
| Government budget cuts proposed | $50 billion |
| BigBear.ai stock increase in last month | 54% |
