Palantir snapped a 10-day losing streak on Tuesday, climbing as much as 9%, after the company reported mixed first-quarter earnings. The data-analytics company reported a loss of 7 cents a share, which was deeper than the consensus estimate of 3 cents. However, revenue of $341.2 million for the quarter exceeded Wall Street's $332.5 million forecast.
Palantir climbs 9% in volatile trading after mixed 1st-quarter earnings report (PLTR)