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Why Palantir Stock Is Gaining Today

·2 min read
Why Palantir Stock Is Gaining Today
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After some big sell-offs, the market is rallying today, and Palantir (NYSE: PLTR) is getting a boost from the momentum. The data analytics specialist's share price was up roughly 5.7% as of noon ET on Thursday. In the absence of any fresh, business-specific news, Palantir stock has frequently made outsize moves in conjunction with the market's shifting appetite for growth-dependent technology companies.