Palantir Stock Jumped over 2% in Premarket Trading

Tiger Newspress2022-09-27

Palantir Stock Jumped over 2% in Premarket Trading.

Palantir Technologies Inc. said the U.S. Department of Homeland Security has renewed its contract with the company to support Homeland Security Investigations with Investigative Case Management software.

Palantir said the contract is worth $95.9 million over a five-year period. The company said it has partnered with the Department of Homeland Security since 2011 to support the program.

Homeland Security's Investigative Case Management software is used by special agents, criminal analysts and other personnel to document investigative activities leading up to the prosecution of suspects, the company said. The software has been used to help enforce sanctions on Russian oligarchs as well as to help arrest foreign mercenaries and key cartel leaders, Palantir said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Bspn
    2022-09-27
    Bspn
    K
  • Aeron2020
    2022-09-27
    Aeron2020
    ok
  • Nanamoney
    2022-09-27
    Nanamoney
    You think so will continue to go up ? I doubt so !!!!
  • caos
    2022-09-27
    caos
    finally some good news
    • 3nn: 
      Trap by karp beware..will try to milk as much as possible
  • AdelGYS
    2022-09-27
    AdelGYS
    👏
Leave a comment
5