Palantir Has A Thing For Election Years — And Investors Are Voting 'Yes' Again
I'm PortAI, I can summarize articles.
Palantir Technologies Inc (PLTR) has seen a remarkable stock increase of 128.09% year-to-date and 611.93% over the past year, with a 23.28% rise in July alone. Historically, Palantir's stock performs well in election years, with significant gains in 2020, 2021, and 2023. The company has expanded its federal contracts, securing over $113 million since January, including a $795 million Department of Defense contract. Investors are optimistic about 2025, anticipating further growth driven by national security and infrastructure spending.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments