Article 58JJ1 Palantir expected to be valued as much as $22bn in market debut next week

Palantir expected to be valued as much as $22bn in market debut next week

by
Edward Helmore
from on (#58JJ1)

Company's shares could start trading at $10 each when it goes public, bankers say

The controversial data-mining-software company Palantir Technologies could be valued at as much as $22bn when it goes public next week.

Bankers told the Wall Street Journal that the company's shares could start trading at $10 each when it begins trading on the New York Stock Exchange on Tuesday, giving the company a value of $22bn.

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