Palantir Stock (PLTR) Jumps Nearly 3% Tuesday Morning, Eyes $80 Level After Rebound

NEW YORK – Shares of Palantir Technologies Inc. (PLTR) showed notable strength in Tuesday morning trading, climbing significantly after the market open.

As of 10:48 AM Eastern Time, PLTR stock was trading at 2.22, equating to a +2.87% increase for the session so far.

The upward move pushes Palantir shares well above the previous day’s close of $77.32 and its opening price of $78.12. Intraday charts reveal the stock experienced a dip earlier but staged a strong recovery after the 9:30 AM bell, steadily climbing towards the $80 mark.

Trading activity has been robust, with over 45 million shares exchanging hands by mid-morning. The stock’s performance reflects active buyer interest, pushing it towards the upper end of its current day’s range of $77.58 to $81.83. Investors are watching the data analytics company closely as it demonstrates positive momentum in the market.