Will Recent Events Dent Palantir Technologies Stock 385% Growth?
Palantir Technologies PLTR stock surged 79% year-to-date, driven by quarterly earnings, a boost in government contract revenue, and positive analyst sentiment.Palantir has far outpaced the market indices. The S&P 500 and the Nasdaq-100 (which also includes Palantir) gained 7-9% during the period. Palantir stock gained over 385% in the last 12 months, compared to the indexes’ 12-13% returns.Founded as a defense contractor, Palantir has since expanded to the private sector. Also Read: Palantir Just Teamed Up ...