Palantir Stock Rises After Announcing Participation in U.S. Army Hackathon
Palantir Technologies (PLTR) stock rose 4.2% after announcing its participation in the U.S. Army's 'Right to Integrate' hackathon. The event could help the company showcase its capabilities and potentially boost government sales, which have been growing slower than commercial sales. The hackathon is expected to involve several major defense companies.
Tickers: $BA $GD $LDOS $LHX $LMT $PLTR $RTX
Topics: defense technology government contracts hackathon Palantir Technologies stock performance