Off goes PLTR. The stock soared today. A closer look at what's happening:

Palantir Technologies Inc. (PLTR) is trading 8% higher at 9.985 today.
Palantir Technologies Inc. has been trading between a 52-week high of 29.29 and a 52-week low of 6.44. The stock has a market cap of 19.4 Billion.

The stock trended upwards today on speculation that Palantir may benefit from an increase in Government interest in facial recognition technology and perceived dominance in the development and use of AI relative to it's peers.

As you can imagine, the internet had a few things to say about the stock as well. Here's a few choice comments from the Reddit traderverse:

Commentary:

wojololo - 8 upvotes - source
PLTR just broke 10. Recession canceled.

MONEYMIKE_Bx - 6 upvotes - source
PLTR BROKE 10📈 RECESSION OVER

The_Dancing_Dolphin - 5 upvotes - source
Market truly is acting weird. Meme stocks like pltr and nio are up pretty nicely as spy is absolutely fucked. I’m convinced of this being a casino now more than ever

Kilomike8993 - 4 upvotes - source
PLTR GANG GANG

HardValue - 3 upvotes - source
Buy PLTR, TSLA and ARKK so Cathie can enjoy her life.

abbothenderson - 2 upvotes - source
I am down 21%, meme stocks make up only a tiny sliver of my portfolio… if only I’d bought more PLTR at $30… I could be down by another 21% easily!

y26404986 - 2 upvotes - source
PLTR, AMC (mayyybe PTON)

kayvonte - 2 upvotes - source
Instructions unclear. Bought $PLTR

External-Outcome7579 - 2 upvotes - source
Shares of PLTR and sofi lost me 50%, I recovered somewhat with options afterwards but got caught like a deer In headlights fully loaded with puts that first week of June that spy kept pumping. Sold my positions for a huge loss but spy tanked hard a week later and I would have been back in the green had I kept those positions. This game is hard.