Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Palantir Stock Soared Today

TheMotleyFool

0 0

Why Palantir Stock Soared Today: https://g.foolcdn.com/editorial/images/876589/gettyimages-1292531161.jpg

Palantir (NASDAQ: PLTR) stock moved higher in Friday's trading. The company's share price rose 5.3% in the daily session amid roughly flat trading for the S 500 and a 0.2% drop for the Nasdaq Composite.

While many artificial intelligence (AI) chip stocks are getting hit with pullbacks today, there appears to be some investor rotation into high-profile AI software plays. Even though the stock is bouncing today, it's still down roughly 36% across 2026's trading and 45% from its all-time high.

Image source: Getty Images.

Source Fool.com

Like: 0

PLTR

Share