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Palantir Technologies Stock Price Rise and Potential Stock Split

The Motley Fool +1 ·

PLTR Palantir Technologies Inc
$196.75 +0.29%
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  1. 1Palantir's stock price has recorded a 714% increase over the past five years.
  2. 2Considering Palantir's current trading price of $200 per share, a stock split does not appear to be imminent.
  3. 3Palantir announced a 93% year-over-year revenue growth rate for the second quarter.

So what's the key point?

Palantir's revenue increased significantly by 93% compared to last year. Since the stock price is $200, the possibility of a stock split seems low.

Source The Motley Fool +1 · View original ↗

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