Why Palantir Technologies Stock Skyrocketed Higher Today
The data mining and AI specialist just leveled up.
Overview
Palantir Technologies (NASDAQ: PLTR) stock charged sharply higher Tuesday, climbing as much as 27.7%. As of 11:36 a.m. ET, the stock was still up 26.3%.
The catalyst that sent the data mining and artificial intelligence (AI) software specialist higher was its quarterly financial report, which helped quash concerns about a looming AI slowdown.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.