Innodata Stock Rises After Securing Data Services Deal With Palantir

(RTTNews) - Stock of Innodata Inc. (INOD) is moving up about 8 percent during Thursday trading following its announcement that the company has been selected to provide high-quality training data and data engineering services to Palantir Technologies.

Currently, INOD is trading at $60.99, up 8.47 percent or $4.42, over the previous close of $55.84 on the Nasdaq. It has traded in the range of $26.41 to $93.85 in the past one year.

Under this agreement, Innodata will provide specialized annotation, multimodal data engineering, and generative-AI workflow support for select Palantir programs.