BigBear.ai (BBAI) stock bounces after Cantor downgrade, with note conversion and share vote in focus
New York, Jan 8, 2026, 09:46 (EST) — Regular session BigBear.ai Holdings, Inc. (BBAI) shares rose 2% to $6.11 in early New York trading on Thursday, recouping part of the prior session’s slide after Cantor Fitzgerald cut its rating. The stock fell 6.6% on Wednesday and ended at $5.99. stockanalysis.com The downgrade comes as investors focus on the company’s plan to clear a large piece of convertible debt. BigBear.ai said it has called for redemption of its 6.00% convertible senior secured notes due 2029 on Jan. 16, and expects to settle “substantially all” of that amount through conversions into stock