ARKQ - What's Going On With Palantir Stock? | Benzinga
Palantir Technologies, Inc. (NYSE:PLTR) shares are trading higher Friday, and the stock is up more than 17% over the past month. Here's a look at what's going on.
What To Know:
Wedbush analyst Daniel Ives recently named Palantir as one of his top tech picks for the remainder of 2024. Ives said that he expects tech stocks, including Palantir, to rise another 15% on top of gains from the first half of the year.
"A tidal wave of $1 trillion of spending will come to the shores of the tech sector," Ives wrote in the analyst note.
Read Next: What’s Going On With EV Maker Nio’s Stock?
Cathie Woods also appears to see blue skies ahead for Palantir as Ark Invest's ARK Autonomous Technology ...