Why Palantir Stock Is Rising Today

Shares of Palantir (NYSE: PLTR) were up by roughly 3.4% as of 1 p.m. ET Monday, after having been up by as much as 4.6% earlier in the session.  

The big-data specialist's share price gains were apparently driven by CEO Alex Karp's 2022 letter to shareholders, which was published before the market opened. Investors seem to like what it said. 

Image source: Getty Images.

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Source Fool.com