SUBSCRIBE

CATEGORIES

Palantir Stock is an Intriguing Multi-SPAC Investment

imageStock Markets49 minutes ago (Jul 06, 2021 11:02AM ET)

(C) Reuters. Palantir Stock is an Intriguing Multi-SPAC Investment

Palantir Technologies (PLTR) stock might be a short-squeeze target, but there’s another angle to consider as Palantir invests in a range of interesting businesses.Big data analytics company Palantir Technologies PLTR> might be known for providing counter-terrorism-focused intelligence to U.S. government agencies. Yet, there are other angles for PLTR stock traders to consider.

For one thing, Palantir doesn’t exclusively work with the government. Indeed, the company has established business ties with a number of private enterprises.

As a completely separate matter, PLTR stock has become a target of interest among some Reddit and Robinhood traders. If there’s a short squeeze, the share price could go much higher.

Continue reading on StockNews

Palantir Stock is an Intriguing Multi-SPAC Investment

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.