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Benzinga
Benzinga
Business
Adam Eckert

Palantir Stock Just Hit All-Time Highs: What's Behind The Momentum?

Palantir United States
Palantir

Palantir Technologies Inc (NASDAQ:PLTR) shares are hitting new highs on Wednesday on continued momentum following the company’s blowout earnings earlier this week. Here’s what you need to know.

What To Know: Palantir shares are riding momentum to all-time highs after the company beat analyst estimates for the eighth consecutive quarter. Palantir reported second-quarter revenue of $1.004 billion versus estimates of $939.71 million, and adjusted earnings of 16 cents per share versus estimates of 14 cents per share.

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