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Why Palantir Technologies Stock Popped on Friday


Palantir Technologies (NASDAQ: PLTR) stock charged sharply higher on Friday, climbing as much as 5.8%. As of 3:13 p.m. ET, the stock was still up 4.6%.

The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was a court case that went in the company's favor.

Image source: Getty Images.

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Source Fool.com

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