Why Palantir Stock Jumped 36% in November
Shares of Palantir Technologies (NYSE: PLTR), the artificial-intelligence driven data analytics company, were on the move last month, climbing 36%, according to data from S&P Global Market Intelligence.
The stock benefited from a better-than-expected third-quarter earnings report at the beginning of November and continued to rise from there, helped by signs that interest rates could start to come down soon and indications of a broader recovery in the stock market.
The chart below shows the stock's gains over the course of the month.
Source Fool.com
