Palantir's stock had its best week since August and outperformed all of its large-cap tech peers after the U.S. attacked Iran.
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Palantir
was an outlier in a tough week for the stock market, as the provider of software and services to the U.S. government saw its stock rally 15% following the U.S. attack on Iran.
The tech-heavy Nasdaq fell 1.2% for the week, pushed lower by names like Apple
Palantir's Maven platform have reportedly been used in the U.S. military campaign in Iran.
The rise comes on the back of months of decline for the stock.
One analyst suggested stocks may be suffering from “rally exhaustion.”
Palantir's stock fell for a fifth straight day to continue its pullback from all-time highs.
Palantir's government business along with developments in artificial intelligence have helped push the company's market value…
Palantir shares popped more than 8% after the software analytics provider lifted its full-year outlook, benefitting from ongoing…
