tiprankstipranks
Palantir stock benefits as investors bet on higher defense spending, FT says
The Fly

Palantir stock benefits as investors bet on higher defense spending, FT says

Palantir (PLTR) has added over $23B to its market capitalization since Trump was elected as U.S. president, with investors making the bet the government contractor will be among the biggest winners of enhanced federal spending on national security, immigration, and space exploration, Tabby Kinder of The Financial Times reports.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App