Palantir stock price current rose after management reaffirmed 2024

Palantir stock price current rose after management reaffirmed 2024 guidance, highlighting increasing demand for AI-powered decision platforms. This provides tailwinds in both commercial and public sectors. 10 stocks we like better than Palantir Technologies › Friday’s share move was the biggest decline for Palantir since August, and the stock was the worst S&P 500 performer for the day. The drop follows a remarkable upward trajectory for the company, whose shares have gained more than 2,000% in the last three years. Other tech companies also slipped Friday following threats from the White House to lay off government workers. Short-term traders keep Palantir stock price current on watchlists due to its high beta and volume spikes around product announcements. Pattern recognition tools indicate strong consolidation before probable upside.