Stock-Split Watch: Is Palantir Technologies Next?
A stock split is a possibility after a 1,700% rally.
Palantir Technologies (NASDAQ: PLTR) has been a rocket ship since early 2023. In just over 24 months, the stock has gone from under $8 to $115, an incredible 1,700% sprint. It's safe to say that things have gone well for shareholders.
It's also fair to wonder whether a stock split may soon be on the table. Investors generally love stock splits, and Palantir has developed a reputation for being especially friendly to individual investors. The stock has enjoyed a vocal following that has only grown louder as the share price has risen.
Should you be on alert for a stock split? Or, more importantly, should investors buy Palantir in anticipation of one? Here is what you need to know.
