Palantir's $400M Army Contract
This is a news story, published by MSN, that relates primarily to Palantir Technologies news.
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Palantir TechnologiesInvestopedia
•Palantir's Stock Gains After Extending Army Contract Worth $619 Million
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 .
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