Palantir Technologies Inc Aktie News

Companies often launch stock splits after their stock prices have soared. The idea of such an operation is to open up the investment opportunity to a broader range of investors.

Palantir Technologies Inc. NASDAQ: PLTR stock is up approximately 22.6% since closing at $158.21 on Nov. 21. Significantly, the stock is now within striking distance of the all-time high of $207.52 it made after it reported earnings on Nov. 3.

Clients across multiple industries and sectors are adopting Palantir's software. Several years' worth of hoped-for rapid growth is already baked into Palantir's stock price.

Palantir's revenue growth is accelerating, with expanding profit margins. The stock is now trading at one of the most expensive sales ratios in market history.

A handful of trillion-dollar corporations, known as the Magnificent Seven, have been the driving force behind the stock market's narrative and most of its recent returns. These companies established the bedrock of today's digital economy.

Palantir expanded its lawsuit against two former employees to include the CEO of their new company, Percepta AI. The court filing alleged that the three employees violated their non-solicitation agreements.

Palantir and BigBear.ai want to capitalize on the AI software market. One of them has been significantly more successful at it.

Lawsuit says Percepta's chief executive built a “copycat” company after leaving Palantir last year