Palantir's price-to-sales ratio reached 85 points as of Friday, the highest in the S&P 500 index. Investors have driven Palantir's shares up by more than 150% so far this year, closing at a record high of $207.18 on Monday.
Palantir Shares Hit Record High
Palantir set a new record for price-to-sales ratio in the S&P 500 index, and its shares surged over 150% since the start of the year, reaching $207.18.