BigBear.ai slips under $6 as downgrade meets Jan. 16 note deadline
New York, Jan 7, 2026, 15:30 ET — Regular session
- BigBear.ai shares fell about 6.6% in afternoon trade, reversing part of this week’s run-up
- A Wall Street downgrade put fresh focus on competition and execution ahead of a mid-January debt event
- Traders are watching the Jan. 16 convertible-note redemption for possible share supply
Shares of BigBear.ai Holdings slid about 6.6% to $5.99 on Wednesday afternoon, as a brokerage downgrade cooled sentiment in the small-cap AI name. The stock was down about 42 cents from the prior close of $6.41 and traded between $5.99 and $6.35 in the session. Google
The timing matters because BigBear.ai is heading into a Jan. 16 redemption of its 6% convertible notes due 2029 —…
