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Why Palantir Stock Is Surging Today

TheMotleyFool

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Palantir (NASDAQ: PLTR) stock is heading higher in Wednesday's trading. The company's share price was up 4.3% as of 1:10 p.m. ET amid bullish momentum for the broader market. The S 500 was up 0.9%, and the Nasdaq Composite was up 1.4%.

Despite bearish trading across the broader market yesterday due to war-related concerns, Palantir stock wound up closing out the daily session in the green. Investors are buying back into tech stock today, and the software stock is getting a lift from the rally.

Image source: Getty Images.

Source Fool.com

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