Palantir Technologies valued at $17.8bn in long-awaited debut
The software business joins Asana trading on the New York Stock Exchange in a pair of direct listings
30 September 2020 - 21:44
New York — Palantir Technologies began trading on Wednesday as a public company, ending a 17-year tradition of secrecy surrounding the software business cofounded by Peter Thiel.
The data analytics company opened at $10 on the New York Stock Exchange, above the reference price of $7.25 that was set for the stock. Palantir listed its shares directly on the exchange, rather than raising capital through an initial public offering...
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