Why Palantir Stock Is Soaring Today

28.05.26 21:34 Uhr

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Aktien

94,23 EUR -6,05 EUR -6,03%

Indizes

29.515,0 PKT 294,9 PKT 1,01%

7.375,8 PKT 17,6 PKT 0,24%

Palantir (NASDAQ: PLTR) stock is bounding higher in Thursday's trading. The tech company's share price was up 7.9% as of 3:30 p.m. ET amid a 0.5% gain for the S&P 500 and a 0.8% gain for the Nasdaq Composite. While bullish momentum for the broader market is likely playing a role in sending Palantir's share price higher, defense industry news is also helping to support gains for the company's valuation. Even though the stock is seeing a big pop today, its share price is still down roughly 20% year to date. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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