Could Innodata Become the Next Palantir?

Palantir (PLTR 2.06%), a data mining and analytics firm that serves the U.S. government and large companies, went public via a direct listing on Sept. 30, 2020. It started trading at $10 and went through some wild swings, but now trades at about $29. The company impressed the bulls with its robust growth, rising profits, and the rapid expansion of its domestic commercial business, which helped reduce its dependence on rigid government contracts. The company went public in 1993, and its revenue only grew at ...