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Palantir is officially a public company - and investors are bidding up shares in the money-losing, 17-year-old data mining business

27 days ago   |   By Business Insider

Summary List Placement
Palantir, the secretive and often-controversial big data company founded by Peter Thiel, made its public markets debut on Wednesday with a splash, as investors bid up shares and gave the company a roughly $19 billion market capitalization.
Shares of Palantir began trading on the New York Stock Exchange on Wednesday through a direct listing. The stock opened at $10 per share, and rose 14% to $11.40 within the first hour of trading.
The reception on Wall Street is a vote of confidence in a company that has never turned a profit in its 17 years of existence, and whose...
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Secretive data-mining tech firm Palantir goes public in stock offering

Secretive data-mining tech firm Palantir goes public in stock offering

27 days ago   |   By Chicago Tribune

Never profitable, Palantir Technologies is finally going public in the biggest Wall Street tech offering since last year's debut of Slack and Uber.
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Peter Thiel's secretive Palantir makes its market debut

Peter Thiel's secretive Palantir makes its market debut

27 days ago   |   By New York Post

Seventeen years after it was born with the help of CIA seed money, the data-mining outfit Palantir Technologies is finally going public in the biggest Wall Street tech offering since last year's debut of Slack and Uber. Never profitable and dogged by ethical objections for assisting in the Trump administration's deportation crackdown, Palantir has forged...
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