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Palantir surges 25% to all-time highs, up 251% since IPO

1 month ago   |   By Business Insider

Summary List Placement Palantir stock surged as much as 25% on Friday to all-time highs of over $32 per share.
The jump continues the big data company's breakneck post-IPO run that has seen shares skyrocket some 251%.
Though there was no clear catalyst for the move, there were some possible drivers on Friday.
First, Palantir announced Lauren Friedman Stat has been appointed to the Board of Directors as well as the Audit Committee of the Board.
Stat's 15 years of experience at Accenture, where she served as a senior advisor to Fortune 100 companies, among other roles, will bring significant...
Read more ...

 

Palantir surges 25% to all-time highs, up 251% since IPO

Palantir surges 25% to all-time highs, up 251% since IPO

1 month ago   |   By Business Insider

Palantir HQ.
Picture Alliance/Getty Images
Palantir stock surged as much as 25% Friday after announcing its first inaugural demo day.
The company also added former Accenture senior advisor Lauren Friedman Stat to its board.
Palantir trades at a significant valuation of 48x sales and boasts a market cap of over $56 billion.
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Palantir stock surged as much as 25% on Friday to all-time highs of over $32 per share. The jump continues the big data company's breakneck post-IPO run that has seen shares skyrocket some 251%...
Read more ...

 


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