$Palantir Technologies(PLTR.US)$ is trading higher Thursday morning on above-average volume amid increased retail investor interest in the stock on social media.
The average session volume is about 42 million over a 100-day period. Palantir's daily trading volume was already over 40 million less than 2 hours into trading Thursday.
Palantir was one of the top two trending stocks on Stocktwits at publication time. The stock was among the top five most-mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours.
Palantir has continually said that it expects revenue growth of 30% or greater through 2025.
The company makes products for human-driven analysis of real-world data.
PLTR Price Action
Palantir has traded as high as $45 and as low as $8.90 over a 52-week period.
The stock was up 5.71% at $28.63 at time of publication.