By Amber Deter A Palantir IPO is filed with the SEC. After over a year of anticipation, investors are finally getting Palantir stock. It’s a Silicon Valley company, and it’s highly valued.
But is Palantir a good investment opportunity? Here’s what we know…
Palantir IPO: The Business
Billionaire Peter Thiel and CEO Alex Karp founded Palantir in 2003. It’s an American software company specializing in big data analytics. Palantir’s software manages, analyzes and secures data. It finds useful patterns showing hidden connections within data. This includes phone records, addresses and credit transactions. And as the world becomes more connected, the demand for Palantir software is higher.
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