US Stock Market Update | Palantir Surges Over 11%, Up Over 75% Year-to-Date
On Monday, Palantir's stock price rose, up over 11% to $33.75 as of the time of publication. The Denver-based technology company's stock has surged over 75% so far this year as investors believe that the big data software and surveillance company will greatly benefit from the growing demand for its generative artificial intelligence tools globally. Dell rose over 3.6% to $105.7. Dell and Palantir will replace Etsy and American Airlines in the S&P 500 index, with the changes taking effect before the start of U.S. stock trading on September 23
According to the financial news app Zhitong Finance, on Monday, Palantir (PLTR.US) saw its stock price rise, with the stock up over 11% to $33.75 as of the time of publication. The technology company based in Denver has seen its stock price surge over 75% this year, as investors believe that the big data software and surveillance company will greatly benefit from the increasing demand for its generative artificial intelligence tools worldwide.
Dell (DELL.US) rose over 3.6% to $105.7. Dell and Palantir will replace Etsy (ETSY.US) and American Airlines (AAL.US) in the S&P 500 index, with the changes set to take effect before the start of U.S. stock trading on September 23rd