Why Palantir Shares Are Trading Higher Today

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Why Palantir Shares Are Trading Higher Today

Benzinga2021-09-16

Palantir Technologies is trading higher Thursday morning on above-average volume amid increased retail investor interest in the stock on social media.

The average session volume is about 42 million over a 100-day period. Palantir's daily trading volume was already approaching 30 million less than an hour into trading Thursday.

Palantir was one the top two trending stocks on Stocktwits at publication time. The stock was among the top five most mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours.

Palantir has continually said that it expects revenue growth of 30% or greater through 2025.

The company makes products for human-driven analysis of real-world data.

PLTR Price Action:Palantir has traded as high as $45 and as low as $8.90 over a 52-week period.

The stock was up 5% at $28.45 at time of publication.

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.

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Comment（138）

FrickL
·2021-09-20
Like pls.
Reply
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韓靚嫻
·2021-09-19
??
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2
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JoelLee
·2021-09-18
Reply and comment pls thx
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1
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Syin23
·2021-09-18
Wow, nice
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1
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mrmoon
·2021-09-17
Good
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2
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Soonkiat
·2021-09-17
⬆️⬆️⬆️
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3
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JTWealth
·2021-09-17
The power of social media
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1
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tanhyoung
·2021-09-17
Good
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3
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- GeneV:
  ??
  2021-09-17
  Reply
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AndrewL
·2021-09-17
Tell me your opinion about this news...
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3
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- Angsana:
  like
  2021-09-18
  Reply
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Chris68
·2021-09-17
Good
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2
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PowerUP
·2021-09-17
Not high enough, go higher
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4
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- Chris68:
  Yup
  2021-09-17
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Chaishen
·2021-09-17
Let’s support and hold till $45 [Happy]
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- AndrewL:
  Yes!
  2021-09-17
  Reply
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DenisL
·2021-09-17
Up and up we go
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koolgal
·2021-09-17
Palantir to the moon????????
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DiF
·2021-09-17
Ya go up to $45. Haha
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sugizoi4u
·2021-09-17
Very nice uptrend for PLTR. Hoping for a test of the $30 level in the next few days
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- htht:
  bullish on pltr
  2021-09-17
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- koolgal:
  Me too??
  2021-09-17
  Reply
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LennartM
·2021-09-17
like please
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- tungleh:
  Done
  2021-09-17
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ming22
·2021-09-17
Can consider long call now [思考]
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- Jasminephyo:
  Like
  2021-09-18
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再等等吧
·2021-09-17
[財迷] [財迷]
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this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884357812","repostId":1187895428,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5910429,"gmtCreate":1631933272295,"gmtModify":1663234055328,"authorId":3575326435298567,"author":{"id":3575326435298567,"idStr":"3575326435298567","authorId":3575326435298567,"name":"Angsana","avatar":"https://static.tigerbbs.com/3c8492153d7059ec1aa704a1bd541c14","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":884357812,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":884363375,"gmtCreate":1631857832697,"gmtModify":1676530654239,"author":{"id":"3575974639321365","authorId":"3575974639321365","name":"Chris68","avatar":"https://static.tigerbbs.com/1ae39a12c3ba237f3b001689ec9a549b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575974639321365","authorIdStr":"3575974639321365"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884363375","repostId":1187895428,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884314463,"gmtCreate":1631856458252,"gmtModify":1676530653785,"author":{"id":"3565099806679305","authorId":"3565099806679305","name":"PowerUP","avatar":"https://community-static.tradeup.com/news/df9a5cf3108bf10df6890793c18e2e37","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3565099806679305","authorIdStr":"3565099806679305"},"htmlText":"Not 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