Palantir's Stock Climbs 5% Following S&P 100 Inclusion and Tech Rally

The company's 2025 market cap growth surpasses $50 billion, though concerns over defense budget cuts and insider sales persist.

Palantir's stock rose 5% on March 24, driven by its inclusion in the S&P 100 and a broader tech sector rally.
The company's market capitalization has grown by $50.12 billion in 2025, marking a 29.45% year-to-date increase.
Despite recent gains, Palantir's stock remains 22.85% below its 52-week high of $125.41 per share.
Analysts are divided over the impact of U.S. defense budget cuts, with some suggesting Palantir's AI tools could offset reduced spending.
CEO Alex Karp's planned sale of up to 9.98 million shares by September 2025 has raised investor concerns over insider activity.