Palantir expected to be valued as much as $22bn in market debut next week
by Edward Helmore from Technology | The Guardian 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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