Palantir Technologies Inc. is wrapping up its best week since it went public in September, adding about US$19 billion in market value as a broad rally in tech stocks helped fuel gains in the software maker. Its shares have added almost 60 per cent since Monday to trade as high as US$33.50 earlier on Friday, a fresh record. Peter Thiel’s controversial and secretive data analytics firm Palantir Technologies is officially a public company. Shares began trading on the New York Stock Exchange Wednesday morning under the...
Palantir is a private software developer specializing in big data analysis. Its key clients include intelligence services, investment banks, and hedge funds.
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