There is no company description available for Palantir Technologies Inc.
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- Data analytics company Palantir Technologies Inc was awarded a $44.4 million contract by the U.S. Food and Drug Administration, a Palantir spokeswoman said, sending its shares up around 21%. More
- Palantir Technologies (NYSE: PLTR) shares have been on a wild ride of late, up 50% for the week and 170% for the month. The software and data tech company got off to a hot start Friday morning, gaining as much as 15%, but then plunged after a prominent short-seller issued a warning about the stock. The shares are now up more than 200% since its debut, with investors optimistic that Palantir’s sophisticated data analysis tools will continue to gain traction with government and commercial customers. More
- The company is projecting 2020 revenue to grow around 42% and 2021 revenue to grow more than 30%. It had a net loss of nearly $600 million in 2019. More
- The rush to the public markets comes as the economic downturn caused by the pandemic has led some companies to rethink their capital needs. More
- The company flexes its muscle, winning business at home and abroad. More
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