Palantir (PLTR) Stock Gains Over 2.5%, Pushes Past $110 Midday
NEW YORK, April 25 – Shares of Palantir Technologies Inc (NASDAQ: PLTR) surged higher through midday trading on the NASDAQ, building on earlier gains and crossing a key price threshold.
As of 12:44 pm GMT-4 on April 25th, Palantir stock reached 110.66 USD. This marked a solid increase of 2.89 USD, equivalent to a 2.68 percent rise for the trading session up to that point. The stock advanced significantly from its previous closing value of 107.78 USD.
The trading day for PLTR involved initial fluctuations before finding strong upward traction. After opening at 108.05 USD, the stock saw an intraday low of 106.55 USD. However, momentum shifted positive, driving the shares to a session high of 110.68 USD, very close to its current trading level just before 1:00 pm Eastern Time. The chart indicates a notable climb in the most recent trading hour.
Key financial data available for Palantir includes a Price to Earnings (P/E) ratio of 586.80. The company does not currently issue a dividend yield to its shareholders. Market capitalization figures were also presented.
Looking at the broader picture, Palantir’s stock has experienced significant volatility over the past year, with a 52 week high of 125.41 USD and a 52 week low of 20.50 USD.
Market participants are actively watching Palantir as it trades near its session highs, with real time charts illustrating the stock’s strong midday performance.
