Closing Bell: Palantir Rises, Bumble Soars, Dollar General Drops
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Palantir Technologies (PLTR) may turn to other AI models amid the spat between Anthropic PBC and the Pentagon.
- Bumble (BMBL) shares surge 50%, the biggest jump since February 2021, after the online dating company forecast Ebitda for the first quarter that beat the average analyst estimate. JPMorgan upgraded the stock to neutral, while analysts broadly noted that focus now shifts to upcoming product overhaul planned for later in the year. .
- Dollar General (DG) shares fall as much as 11%, the most intraday since Aug. 2024, as the retailer gave underwhelming annual and long-term forecasts after the stock’s 9.1% advance year-to-date through Wednesday’s close.
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