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.

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Palantir Stock is an Intriguing Multi-SPAC Investment

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