Palantir Shares Up in Wall Street Debut
▻https://www.nytimes.com/2020/09/30/technology/palantir-stock-initial-public-offering.html?action=click&block=more_in_reci
The Silicon Valley company leads a wave of tech outfits hoping to test the public markets in the busiest season for I.P.O.s in two decades. Palantir Technologies, a company that helps government agencies analyze vast amounts of digital data, saw its shares jump in its Wall Street debut on Wednesday in a sign of continued investor excitement for money-losing software companies. The company’s shares began trading at $10 on the New York Stock Exchange, a 38 percent increase from a “reference (...)
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