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Palantir Just Joined the S&P 500. History Says the Artificial Intelligence (AI) Stock Will Do This Next.
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In the most recent trading session, Palantir Technologies Inc. (PLTR) closed at $43.52, indicating a +0.9% shift from the previous trading day.
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Palantir stock has gotten a bump from S&P 500 inclusion. That hasn’t been the case for many of the S&P 500 additions in 2024.
In the quarter ended June 30, Palantir's revenue was up 27% year over year with particularly strong growth in its U.S.