
Palantir's Strong Earnings Propel Stock Surge and Market Attention
Palantir shares surged nearly 20% after beating Q1 estimates and anticipating full-year profitability. Novavax stock surged 44% on promising vaccine data and cost-cutting initiatives. Under Armour slipped 5.3% after projecting earnings per share and revenue to be short of Wall Street expectations for the full year. PayPal shares shed 11% despite beating top and bottom lines and lifting guidance for the full year. McKesson rose 7.4% after exceeding Q4 expectations.
