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Palantir's Stock Gains After Extending Army Contract Worth $619 Million

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Summary
Nutrition label

84% Informative

Palantir Technologies ( PLTR ) shares gained Thursday after the analytics software provider said it extended a contract with the U.S. Army .

The company said the agreement has a value of $400.7 million for up to four years , with a potential to reach $618.9 million .

Shares have more than quadrupled in value since the start of the year .

The stock is set to join the Nasdaq 100 Index next Monday .

VR Score

86

Informative language

83

Neutral language

87

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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