
Palantir Technologies Inc. (NASDAQ: PLTR) made a new all-time high (ATH) after a surge of more than 5% after the United States engaged in missile strikes against targets in Iran. The stock is up more than 48% in the last three months after a sell-off to start the year.
A key catalyst for the stock’s growth has been the belief in the long-term demand for Palantir’s AI software platform, AIP. The company has also been showing growth in both the government and commercial sides of its business.