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May 31 at 07:06 PM

Palantir ($Palantir Tech(PLTR.US)) Roars Back: +9.2% Day, Key Levels Reclaimed

The Big Picture: Palantir is having its best day in over a year, surging 9.21% to close at $156.54 on massive volume of 92.2M shares (Volume Ratio 2.71x normal). The stock has decisively broken above its near-term resistance of $156.58.

Why It's Moving: The rally is being driven by a powerful sector-wide AI software rebound , primarily ignited by Snowflake's strong earnings report on Wednesday. Palantir has gained nearly 18% over the last two sessions, its best performance since April 2025

Palantir Tech

Palantir Tech

USPLTR

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