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Palantir (PLTR) shares are up on April 22 after the company secured a significant $300 million software procurement agreement with the U.S. Department of Agriculture (USDA). The announced transaction aims to modernize service delivery for farmers and improve food supply security.
Following today’s rally, PLTR looks headed to challenge its 100-day moving average (MA), with a decisive break above $158 expected to boost upward momentum in the near term.