Could Palantir Become a Stock Split Candidate This Year?

Could Palantir Become a Stock Split Candidate This Year?

Palantir (NASDAQ:PLTR) has been a top-performing stock after a few slow years. The stock truly hit its stride in 2024 and is now up by more than 1,200% over the past five years. Shares now trade at above $120 apiece, and the company’s market cap is close to $300 billion. When any stock gains a lot of momentum, some investors wonder if a stock split is possible. Although a Palantir stock split is possible, it may not be on the way for a few years…

Palantir stock is surging! And in 12 months, it could be worth...

Few companies have come close to delivering the returns generated by Palantir Technologies (NASDAQ:PLTR) stock over the last 12 months. The data analytics enterprise has seen its market-cap explode by 470% in just the last 12 months as management secures strategic government contracts and demand for its artificial intelligence (AI) solutions surges. So anyone who put £5,000 to work this time last year is now sitting on a pretty impressive £28,50…