BigBear.ai Heads Into Key Shareholder Meeting After Stock Sheds 17% This Week
BigBear.ai plunged 11.95% Friday and 17% for the week as investors brace for a June 9 shareholder vote on doubling authorized shares to 1 billion, raising dilution risks; the selloff followed a strong U.S. jobs report that hit rate-cut hopes and broader tech stocks, with BigBear.ai’s late-May rally erased despite recent contract wins and affirmed 2026 revenue guidance.