Palantir Shares Rose 368% And Artificial Intelligence Could Propel Them Higher
The data analytics company saw its stock soar 27% on Tuesday after it reported blockbuster earnings results. Year-to-date, Palantir stock is up 41%.
Shares of Denver-based software provider Palantir rose nearly 27% on February 4 following 2024 fourth quarter results featuring faster-than-expected growth and an optimistic forecast for the current quarter and the year 2025.
Having risen 368% in the last year and sporting a price-earnings ratio of 516, according to the Wall Street Journal, do shares of …
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