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Why Palantir Stock Gained Today

TheMotleyFool

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Palantir (NASDAQ: PLTR) stock posted significant gains in Monday's trading. The tech specialist's share price ended the day's trading up 3.3%. The S 500 index's level climbed 1% in the same daily session and the Nasdaq Composite index's level closed out the day's trading up 1.2%. The artificial intelligence (AI) software company's share price had been up as much as 4.9% earlier in the day.

Stocks saw strong bullish momentum in today's session in response to renewed hopes that the Iran war could continue to de-escalate in the near future. Despite today's pop, Palantir stock is still down 25.5% in 2026.

Image source: Getty Images.

Source Fool.com

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