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Palantir Stock Is Up Big Today: Is It a Buy?


Palantir Technologies (NYSE: PLTR) stock is posting big gains in today's trading session. The big-data specialist's stock was up roughly 6.5% as of 1:45 p.m. ET Monday. 

The Nasdaq Composite was up roughly 2.4% at the same point in the day. In the absence of any company-specific news, positive momentum for the broader market is the hero today, and Palantir is rapidly gaining as investors move back into growth-dependent stocks.

Image source: Getty Images.

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Source Fool.com

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