Palantir Technologies (PLTR) Soars 8.5%: Is Further Upside Left in the Stock?
Palantir Technologies(PLTR) ZACKS·2024-12-23 16:21
Palantir Technologies Inc. (PLTR) shares soared 8.5% in the last trading session to close at $80.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 20.9% gain over the past four weeks.The stock has recorded the price hike as the company focuses on deploying AI models in production amid the commoditization of cognition due to the rapid advancements in AI models.This company is expected to post quarterly earnings of $0.11 per shar ...