Palantir Stock Jumps to a New High on Earnings. What Got the Market So Excited.
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Palantir Technologies stock is trading at its highest level on record after the company posted a big beat with its fourth-quarter results. Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate for 11 cents, according to FactSet. Palantir stock was up 25% at $104.57 in premarket trading Tuesday.
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