This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.
https://www.barrons.com/articles/palantir-technologies-stock-price-ceo-news-7d068b72
- Order Reprints
- Print Article
Palantir Technologies stock was surging Tuesday. But a quarterly update from the data-analytics software company was probably not the real reason, with comments from the CEO about M&A more likely to have piqued investors’ interest.
Yes, Palantir (ticker: PLTR) posted its first-ever profitable quarter on a GAAP basis, but CEO Alex Karp also suggested that the company is attracting possible acquirers.