Watch These Palantir Price Levels as Stock Jumps After Guidance Boost
PLTRPalantir Technologies(PLTR) Investopedia·2024-08-06 11:30

Key TakeawaysPalantir shares traded sharply higher in extended trading on Monday after the data analytics company topped Wall Street’s quarterly estimates and raised its full-year outlook amid strong demand for its AI software services.The shares staged an impressive intraday reversal Monday on the highest trading volume since early May to close towards their high of the day after initially opening 12% lower, indicating larger market participants may have anticipated a big earnings-driven move.Palantir shar ...