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Benzinga
Benzinga
Business
Surbhi Jain

Palantir's Earnings Tightrope: Up 100%+ YTD, PLTR Stock Dances Near Momentum Peak

Palantir PLTR
Palantir

Palantir Technologies Inc. (NASDAQ: PLTR) is back in the spotlight with its second-quarter earnings report due after market close on Monday. The stock has soared by more than 110% year-to-date and over 560% in the past year. It's now trading just shy of its 52-week high of $160.92, closing in on that level Monday morning with a 2.9% gain to $158.79. While Palantir has beaten estimates in recent quarters, investors are on edge—will the AI-fueled rally justify itself?

View PLTR stock’s wide ride here.

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