3 Reasons Why Palantir Stock Keeps Going Up and Up

Few stocks have defied expectations the way Palantir (NASDAQ: PLTR) has.After going public in Sept. 2020, the stock nearly quadrupled in just a few months' time. However, by the end of 2022, it had plummeted over 80% from its peak as part of a broad sell-off that dragged down much of the tech sector.Since hitting its all-time low of $5.92 per share in late 2022, Palantir has delivered unbelievable returns. The stock was the top performer on the S&P 500 last year, jumping 340%, and it's on track to be the leader this year with a 105% gain year to date. The stock trades at more about $154 as of this writing. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool