Palantir (PLTR) Shares Are Up 80% Since This Congressman Bought Company Shares

From Yahoo Finance: 2025-06-05 09:16:00

Congressman James Comer from Kentucky purchased up to $15,000 worth of Palantir Technologies Inc (PLTR) shares on January 21, resulting in an 80% increase in the stock value. Palantir’s Q1 2025 saw significant growth in US commercial revenue, reaching $1 billion annually, with a 44% adjusted operating margin and $370 million in free cash flow. Alger Mid Cap Focus Fund praised Palantir’s strong performance, citing robust demand for its AI platforms.



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