Palantir Shorts Flee as Stock Powers Higher in the S&P 500 - Wall Street Pit
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Palantir Shorts Flee as Stock Powers Higher in the S&P 500 - Wall Street Pit
Palantir Technologies Inc. (PLTR) shares rose 1.35% to $144.95, with a 300% rally since October driven by retail investor enthusiasm and geopolitical tensions, despite a high valuation at 76 times estimated sales. The company’s AI-driven data analytics and growing government contracts, amplified by recent U.S. strikes and a ceasefire in…
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