Palantir Stock Surges to $26.30, Near 52-Week High

Palantir Technologies Inc. (PLTR) has seen significant activity in the stock market recently. The stock, which was trading in the $20-21 range for a while, has now surged to $26.30, with some analysts predicting it could reach $30 within 30 days. This increase follows a 20% drawdown post-Q1 earnings. Investors, including individual traders and families, have been buying 1500 shares in the $21 range. The stock's 52-week high is $27.50, and the market remains excited about its potential despite concerns over rapid price increases. Analysts note that Palantir has been making higher lows and higher highs, indicating a bullish trend.