US Stock Market Move | BigBear.ai Holdings (BBAI.US) surged over 13%, jumping 80% in the past 7 trading days.

On Wednesday, BigBear.ai Holdings (BBAI.US) surged more than 13%, skyrocketing 80% in the past seven trading days to reach $7.54. On the news front, on June 30th, the company announced the deployment of its biometric software at key airports such as JFK in New York, LAX in Los Angeles, and O'Hare in Chicago to enhance passenger processing. In addition, investors are optimistic about the recent defense contracts disclosed by the company, including the development of the J-35 fleet management system with the US Department of Defense and a prototype project contract for political risk assessment with GEO Group Inc.