Palantir Technologies Rises 4% In Pre-market Ahead Of Quarterly Results

(RTTNews) - Shares of data analytics and software company Palantir Technologies Inc. (PLTR) were rising more than 4 percent in pre-market on Monday to $24.40 ahead of its first-quarter results to be released today after the market closes.

For the first quarter, the company expects revenue to be in the range of $612 million - $616 million. On average, 14 analysts polled by Thomson-Reuters expect revenue of $625.33 million for the quarter.

Palantir shares had closed at $23.33, up 3.46 percent on Friday. The stock has been trading in the range of $7.59 - $27.50 in the last 1 year.