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Why Palantir Technologies Stock Rallied on Monday

The Motley Fool
Summary
Nutrition label

78% Informative

Palantir Technologies ( NASDAQ : PLTR ) stock charged higher on Monday , climbing as much as 7.1% as of 2:03 p.m. ET, the stock was still up 5% .

The artificial intelligence (AI) software and data mining specialist was added to an elite group of stocks on Monday .

The move will likely attract the attention of hedge funds and institutional investors.

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76

Neutral language

17

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informal

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English

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39

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Time-value

short-lived

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