Palantir stock is up over 200% since it commenced trading on the public market in October last year - beating the S&P 500, the Nasdaq and even ARK Invest's flagship fund. Positive drivers of the stock price include the Peter Thiel backing, and the attempted r/WSB short squeeze; until its Q4 earnings, the fundamentals of the business held the stock back.
Palantir Stock's Recent Moves And What You Should Know