Shares of Palantir Technologies Inc (NASDAQ: PLTR), the software and data analytics firm, experienced a significant rally during Thursday’s trading session. The stock finished the day strong, closing at 112.78 USD.
This closing price represented a substantial gain of 5.00 USD, marking a 4.64 percent increase compared to the previous day’s close of 107.78 USD. Palantir’s trading day began positively, opening at 108.05 USD. While it touched an intraday low of 106.55 USD, the stock gathered momentum throughout the session, reaching a high of 112.88 USD, very close to its final closing price. The intraday chart illustrates a consistent upward trend, particularly accelerating from mid-morning onwards.
Following the market close on April 25th (timestamped 7:59 pm GMT-4), activity in the after-hours market showed minimal change. PLTR shares were quoted at 112.70 USD, reflecting a minor decrease of 0.080 USD or 0.071 percent.
Today’s closing price positions Palantir well above its 52-week low of 20.50 USD, though it remains below the 52-week high of 125.41 USD. According to the market summary data, the company has a market capitalization of approximately 26.44KCr and a notably high Price-to-Earnings (P/E) ratio of 598.02. The data also indicates that Palantir does not currently provide a dividend yield.
