Market Overview

Palantir Opens At $10 A Share

Share:

Palantir (NYSE:PLTR:) made its public debut Wednesday afternoon, opening at $10 per share.

The company listed its shares on the NYSE under the ticker symbol "PLTR."

Related Link: Palantir's Direct Listing IPO: What Investors Need To Know

Palantir was founded by Alexander Karp, Stephen Cohen and Paypal co-founder Peter Thiel in 2003. The company targets the government and commercial sectors with its respective Palantir Gotham and Palantir Foundry platforms.

Palantir had 125 customers in the first half of 2020, covering 36 industries across 150 countries. Palantir lists its total addressable market as $119 billion.

 

Related Articles (PLTR)

View Comments and Join the Discussion!

Posted-In: News IPOs