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Benzinga
Benzinga
Business
Adam Eckert

Why Palantir Stock Is Surging Today

Palantir Palantir Technologies Inc

Palantir Technologies Inc (NYSE:PLTR) shares are trading higher Thursday after the company announced an expanded partnership with U.S. Space Systems Command.

U.S. Space Systems Command has increased its existing contract with Palantir by nearly $54 million, bringing the total value of the contract to more than $175 million. The contract extension ensures that Palantir's data and decisions platform will continue to support national security objectives through March 2023.

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