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Shares of Palantir Technologies (NASDAQ:PLTR) rose as much as 3.1% to $147.67 on Wednesday, hitting its highest level on record, and poised to add billions to its market cap.
As of the last close, the stock has surged about 91% year-to-date and around 499% in the past one year.
Palantir — which provides software platforms for the intelligence community — gaining as much as 3.1% on Wednesday, was also its biggest intraday rise since June 23.
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