Can Palantir Justify Its Soaring Share Price After Army Communications Flaw Revealed?
If you have been watching Palantir Technologies’ meteoric stock journey, you are definitely not alone. Whether you already own shares, are debating whether to jump in, or considering taking profits after a jaw-dropping run, it is natural to feel a little dazed by all the action. Palantir’s stock has delivered a whopping 135.7% surge since the start of the year and is up an astonishing 308.3% over the past twelve months. In fact, long-term holders have seen gains as high as 2,131.9% over three years and 1,751.7% across five years. Clearly, something big has been shifting.
Of course, a main driver for Palantir lately has been both its high-profile government contracts and the intense media attention that comes with them. Recent…
