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Palantir soars 14% on software vendor's inclusion in S&P 500 - TL;DR CNBC

Palantir soars 14% on software vendor's inclusion in S&P 500

Publishing timestamp: 2024-09-09 18:36:42


Summary

Palantir shares surged after being added to the S&P 500, replacing American Airlines. Dell also joined the benchmark, replacing Etsy. Tech companies like Palantir have been gaining significance in the S&P 500, with cybersecurity vendor CrowdStrike also being added recently. Palantir's market cap is now over $76 billion, and its stock is trading at its highest since early 2021.


Sentiment: POSITIVE

Tickers: SMCIDELLETSYCRWDPLTRAAL

Keywords: palantir technologies incdell technologies inctechnologyetsy incbreaking news: technologybusinessbusiness newsamerican airlines group inc

Source: https://www.cnbc.com/2024/09/09/palantir-soars-13percent-on-software-vendors-inclusion-in-sp-500.html


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