Palantir Raises FY23 Revenue Guidance
Portfolio Pulse from Benzinga Newsdesk
Palantir has raised its revenue guidance for fiscal year 2023.

August 07, 2023 | 8:06 pm
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POSITIVE IMPACT
Palantir's raised revenue guidance for FY23 could potentially lead to an increase in its stock price.
Companies often see their stock prices increase when they raise their revenue guidance, as it signals to investors that the company is expecting to perform better than previously anticipated. This is particularly true for a high-profile company like Palantir.
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