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Palantir Stock Surges in December

This is a news story, published by Yahoo Finance, that relates primarily to Palantir news.

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Palantir Stock Climbed

The Motley Fool

The Motley Fool

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Why Palantir Stock Climbed 12.7% in December

The Motley Fool

Summary

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76% Informative

Palantir ( NASDAQ : PLTR ) stock posted another month of strong gains in December 's trading.

The company closed out the period with its share price up 12.7% , according to data from S&P Global Market Intelligence .

In the third quarter , the company's revenue increased 30% year over year to reach $726 million .

The firm is valued at 168 times this year 's expected earnings and approximately 52 times expected sales.

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