Palantir (PLTR) Stock Surges as Analysts Turn More Bullish

TLDR Palantir stock surged nearly 30% after the company reported stronger-than-expected quarterly earnings and revenue. Quarterly revenue rose 93% year over year to $1.94 billion, beating Wall Street’s forecast of about $1.80 billion. Adjusted earnings reached $0.41 per share, compared with analysts’ estimate of $0.35 per share. U.S. commercial revenue climbed 149% to $764 million, [...]

The post Palantir (PLTR) Stock Surges as Analysts Turn More Bullish appeared first on Blockonomi.