Palantir Technologies closed up nearly 30%, with a market value of $389.95 billion

BlockBeats News, August 5th, according to BIT (bit.com) market data, Palantir's stock price surged nearly 30% at the close on Tuesday, reaching $162.66, with a market capitalization of $389.95 billion.

The after-hours stock price is currently at $160.45, down 1.42% after hours.

Palantir (PLTR) released its latest financial report after the previous trading day, showing a 93% year-over-year revenue growth to $19.4 billion in the second quarter, with a net profit of $1.06 billion, and a significant increase in full-year performance guidance.