Why Palantir Stock Soared Today
Palantir (NASDAQ: PLTR) stock is seeing strong gains in Monday's trading, closing out the day's trading up roughly 5.2%. The S 500 index's level was up 1.7%, and the Nasdaq Composite was up 3.1%.
Palantir and many other growth stocks are enjoying strong bullish momentum today thanks to news that the U.S. and Iran have agreed to a peace deal. Even though the stock is rising today, it's still down 24% across this year's trading and 35% from its lifetime high.
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Source Fool.com
