Source: Nasdaq

Palantir: Why Palantir Stock Is Soaring Higher Today

Shares of Palantir (NASDAQ: PLTR) are surging on Thursday. The company's stock gained 6.5% as of 3:40 p.m. ET. The S&P 500 was up by 1.7% while the Nasdaq Composite's had jumped 2.3% higher.

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Followers on Owler

1,590

Annual Revenue

$1.0-5.0B

Employees

1.0-5.0K

Co-Founder & CEO

Alexander Karp

CEO Approval Rating

57/100

Palantir is a Colorado-based IT firm that develops software products offering solutions such as big data analytics and customer intelligence for businesses.