Palantir Stock Soars As Much As 28% To All-Time High—Becoming $200 Billion Company
Derek Saul Feb 4, 2025, Forbes Topline Recent stock market favorite Palantir notched another milestone Tuesday, surging after its latest earnings report to join an elite group of U.S. firms worth more than $200 billion as the software giant benefits handsomely from its “position at the center of the AI revolution,” as its billionaire CEO Alexander Karp describes it. Key Facts Shares of Palantir jumped as much as 28% shortly after 10 a.m. EST, registering a record share price of $106.91, as investors reacted overwhelmingly positively to the firm’s fourth-quarter earnings report released Monday afternoon, before the stock settled into a 21% gain by … Continue reading Palantir Stock Soars As Much As 28% To All-Time High—Becoming $200 Billion Company
