“Trump mentions Palantir by ticker symbol, first president to tout a stock.” Increased $10 billion in minutes amid a 16% free fall
President Donald Trump did something no sitting president has done publicly: He appeared to endorse a publicly traded company by its stock symbol, praising defense technology company Palantir Technologies (NASDAQ:PLTR) on Truth Social on Friday in a post that reversed the stock’s decline in a matter of minutes. “Palantir Technologies (PLTR) has proven to have…