Why Palantir Shares Are Rising Today


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Palantir Technologies Inc (NYSE:PLTR) is trading higher Monday ahead of tomorrow's third-quarter earnings report. 

Palantir's average session volume is about 47 million over a 100-day period. Monday's trading volume was about 8 million at publication time, according to data from Benzinga Pro.

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Palantir is set to announce its third-quarter financial results before the market opens on Nov. 9. The company has continually said that it expects revenue growth of 30% or greater through 2025.

Palantir makes products for human-driven analysis of real-world data.

See Also: Is Palantir Technologies Stock Overvalued Or Undervalued?

PLTR Price Action: Palantir has traded as high as $45 and as low as $10.85 over a 52-week period.

The stock was up 3.16% at $26.82 at time of publication.

Photo: Cory Doctorow from Flickr.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNewswhy it's moving