PLTE.TO is trading at CA$19.97 (+3.10%), supported by cooler July PPI, which was flat month over month versus a 0.2% expected increase, reducing inflation and rate concerns.
- Slightly higher-than-expected initial jobless claims reinforced expectations for steady Federal Reserve policy.
- Broader technology sentiment was positive, with the Nasdaq Composite up 0.96%, supporting PLTE.TO despite recent Palantir volatility.