Palantir Jumped Today -- Is the Red-Hot Artificial Intelligence (AI) Stock Still a Buy?
Palantir (NASDAQ: PLTR) stock posted another day of gains in Tuesday's trading. The software company's share price closed out the daily session up 4.6% and had been up as much as 4.9% earlier in trading.Palantir's valuation continued to climb today following news that Republican Rep. Marjorie Taylor Greene had purchased new shares in the company recently. As a member of Congress, Greene is required to disclose her stock purchases and sales. Earlier this month, she purchased new Palantir stock worth between $1,000 and $15,000 and also purchased shares in other companies including Intel, Microsoft, and Meta Platforms.Palantir has been on an incredible run. The company's share price is now up 410% over the last year. On the heels of that incredible rally, the company's market capitalization has been pushed up to approximately $284 billion.Continue reading
Palantir (NASDAQ: PLTR) stock posted another day of gains in Tuesday's trading. The software company's share price closed out the daily session up 4.6% and had been up as much as 4.9% earlier in trading.
Palantir's valuation continued to climb today following news that Republican Rep. Marjorie Taylor Greene had purchased new shares in the company recently. As a member of Congress, Greene is required to disclose her stock purchases and sales. Earlier this month, she purchased new Palantir stock worth between $1,000 and $15,000 and also purchased shares in other companies including Intel, Microsoft, and Meta Platforms.
Palantir has been on an incredible run. The company's share price is now up 410% over the last year. On the heels of that incredible rally, the company's market capitalization has been pushed up to approximately $284 billion.
