Palantir's Path to Being Added to the S&P 500: A Detailed Look
Tuesday, 19 March 2024, 08:27
The Case for Palantir's S&P 500 Inclusion
Palantir Technologies, with a market cap of $53 billion, evolved as a profitable data analysis firm, meeting S&P 500 criteria.
The S&P 500 Requirements
- A minimum of $13.1 billion market cap
- Positive reported earnings on a trailing 12-month basis
- Stable share availability and recent profitability
The company's growing revenue demonstrates continued profitability likelihood.
Potential market updates might confirm Palantir's awaited addition to the S&P 500.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.