Palantir's stock is up 1,700% since its NYSE debut five years ago. Here's how it got there
1. Palantir's stock surged 1,700% since IPO, reaching $182.42 per share. 2. Quarterly revenue surpassed $1 billion, with projections of $4.2 billion this year. 3. Palantir's AIP platform significantly contributed to customer expansion and new contracts. 4. Concerns persist over Palantir's government contracts and controversies related to data use. 5. CEO Alex Karp emphasizes long-term value despite criticisms and high valuation multiples.