Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Palantir (PLTR) Stock Pulls Back From All-Time High: What's Going On?

Palantir PLTR Palantir Technologies
Palantir

Palantir Technologies Inc (NASDAQ:PLTR) saw its shares surge to new all-time highs this week, fueled by strong AI positioning and geopolitical factors. Here’s what investors need to know as the stock pulls back Friday.

What To Know: The stock is up approximately 85% year-to-date, building on a 500% rise over the past year. Momentum is linked to its expanding role in government and defense, including a $795 million U.S. Army contract for its Maven Smart System and a strategic agreement with the Israeli Defense Ministry.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
'62 years in the making': Joni Mitchell becomes US citizen
Joni Mitchell has become a US citizen, 62 years after she first left Canada.
BANG Premier
BANG Premier
Woman Goes In For An Oil Change. Then She Gets Strange Looks When She Decides To Stay In The Car
“My husband thinks I’m crazy for sitting in my car."
Motor1
Motor1
55 Interesting Facts And Posts About The World Around Us
Well-informed people are often called insufferable know-it-alls, but that might just be jealousy. If you secretly wish to be a trivia-night hero, these fascinating facts are just what you need. They are so interesting, you might lose track of time by the end. Just scroll through and check them out…
Bored Panda
Bored Panda
James Bond Drank About 53 U.S. Standard Drinks a Week, and Doctors Suspected a Tremor Behind His Shaken Martinis
Doctors tallied every drink in Ian Fleming's Bond novels and found 007 averaged 92 UK units a week, about 53 U.S. drinks, with a shaky martini theory.
Medical Daily
Medical Daily
Netflix’s Narnia trailer featuring Led Zeppelin divides fans as some brand it a ‘disgrace’
‘Narnia: The Magician’s Nephew’ is directed by ‘Barbie’ filmmaker Greta Gerwig and is set to be released next year
The Independent UK
The Independent UK
Washington family’s Victorian doll Michael and its eerie dinner tradition
A Victorian doll named Michael occupies a unique place in Washington, DC’s history, not simply as an antique kept in a museum but as part of a family tradition shaped by superstition, grief and spiritualism. Displayed at the Heurich House Museum , Michael was reportedly seated at the dinner table…
The Times of India
The Times of India
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play