Palantir Technologies (NYSE:PLTR) has been a lightning rod for investor debate over the past few quarters as the stock has surged significantly. It is a niche company that works with the defense and intelligence agencies and the stock has surged over 400% in the past year as these contracts have been very sticky and expanding

Palantir Technologies stock closed at its highest level on record after the company posted a big beat with its fourth-quarter results.Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate of 11 cents,

Palantir Technologies stock was soaring after the company posted a big beat with its fourth-quarter results on Monday afternoon. Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate of 11 cents,