Palantir Technologies, Inc. (NYSE:PLTR) announced a $178 million contract with the U.S. Army on Wednesday, and retail investors have made the stock one of the top trending tickers on Reddit's WallStreetBets. Here's a look at what the retail crowd is saying.
Retail Chimes In: Palantir has been awarded several large Army contracts in the past, including a $250 million contract last September and a $299 million contract extension in 2022. However, u/MisterMasterCylinder pointed to unique wording in Wednesday’s press release announcing the AI platform company’s latest contract.
"The posture of this one is promising and somewhat unique. It was awarded for ...