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Palantir stock (NYSE: PLTR) surges 10% in the previous session and is racing toward a 52-week high.
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PLTR stock up 178% on YTD basis.
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Palantir Technologies scheduled the next quarter’s earnings on August 7, 2023.
Palantir stock price (NYSE: PLTR) surges 10% (approx.) in a single day ahead of quarterly earnings. It bounced back by taking support near $16.00 and racing to the 52-week high.
PLTR stock price is sustaining above the 50-day and 200-day EMA showcasing a strong uptrend. However, the current price is far away from the EMAs so short-term retracement is also possible.
Palantir Technologies released the previous quarter’s earnings on May 8, 2023. The company beat the estimates due to which stock prices reacted positively and buyers succeeded to break the $10.00 hurdle.
Later, PLTR shares began to rise upward and showed a steep rally. Meanwhile, in between the rally minor profit booking is also visible. But due to the s
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