Palandir Technologies, Inc. (PLTR) is a software company that specializes in big data analytics. Here is a summary of the company based on its Yahoo Finance profile:
Company Summary:** Palantir Technologies Inc. builds and deploys software platforms for the integration, visualization, and analysis of data. The company's platforms, Palantir Gotham and Palantir Foundry, enable customers to integrate and analyze data, revealing patterns and relationships that inform strategic decisions.
Industry:** Software - Infrastructure
Sector:** Technology
Employees:** Approximately 3,847 (as of the latest update on Yahoo Finance)
Headquarters:** Denver, CO, USA (previously Palo Alto, CA; headquarters relocation announced in 2020)
Founded:** 2003 by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp
IPO:** September 30, 2020 (direct listing on NYSE under ticker symbol PLTR)
Joining the S&P 500 in 2024:** While the exact rationale for Palantir Technologies' inclusion in the S&P 500 in 2024 is not specified in the provided query results, the typical criteria for joining the S&P 500 include:
Palantir's inclusion in 2024 likely reflects its growth in market capitalization, industry leadership in big data analytics, and meeting the liquidity and public float requirements, positioning it as a representative of the U.S. technology sector within the S&P 500 index.