Palantir (NYSE: PLTR) has taken investors on a wild ride since its direct listing last September. Unfortunately, investors who chased Palantir were burned when the stock price plunged back to the low $20s. Gotham mainly serves U.S. government agencies -- including the military, the CIA, the FBI, and ICE -- and plans to become the "default operating system for data across the U.S. government."
Palantir's (PLTR) first-quarter 2021 revenues are expected to have benefited from its strong business model.
Palantir Technologies Inc. (NYSE:PLTR) today announced the U.S. Coast Guard has extended its commitment to use Palantir’s software to help it respond to the COVID-19 pandemic.