Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Business
Chris Markoch

Palantir Stock Hits ATH, But Can the Rally Hold Without Volume?

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.

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
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.