Huge News for Palantir Stock Investors

By Parkev Tatevosian, CFA – Aug 11, 2023 at 4:30AM

NYSE: PLTR

Palantir Technologies

Market Cap

$78B

Today's Change

(0.26%) $0.09

Current Price

$34.85

Price as of September 11, 2024, 4:00 p.m. ET

Palantir informed investors a key metric has turned for the better.

Fool.com contributor Parkev Tatevosian reviews the big reversal and why it's great news for Palantir (PLTR 0.26%) stock investors.

*Stock prices used were the afternoon prices of Aug. 8, 2023. The video was published on Aug. 10, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.