Palantir Technologies stock staged a sharp rebound, surging 6.92% to $145.30, as strong investor conviction in the company's accelerating AI-driven growth appears to overpower ongoing fears regarding its extreme valuation.
- The powerful upward move follows a steep 37% crash from the stock's all-time high recorded since early November.
- The volatility underscores the ongoing debate surrounding Palantir's valuation, which currently holds a trailing twelve-month (TTM) P/S ratio of 69.3.