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Stock Holds Above $200 and Hits Record High, Where Is the Next Target?

Stock Holds Above $200 and Hits Record High, Where Is the Next Target?

TradingKey – Palantir (PLTR) stock price has recently trended higher, further breaking through the $200 round-number mark on October 9. On that day, PLTR closed at $209.05, up 5.17%, reaching an intraday high of $209.58 to set a new record high, with a trading volume of approximately 37.58 million shares. Previously, the stock rose 2.40% on October 8, bringing the cumulative two-day gain to about 7.7%. Calculated from the closing price of $188.75 on October 2, PLTR gained roughly 10.8% over the following several trading days, with the short-term price center shifting noticeably upward.

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PLTR stock price daily chart, Source: TradingView

From the daily chart of PLTR stock price, the recent price movement shows a strong upward trend. As the…

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