Secretive Big Data firm Palantir makes low-key stocks debut

New York (AFP) – Data analytics firm Palantir, which has drawn fire over its law enforcement and national security work, made a low-key debut Wednesday on Wall Street at a hefty valuation of more than $20 billion.Palantir, whose name comes from the mystical, all-powerful seeing stone in “Lord of the Rings,” opted for a direct listing which raises no new cash but allows its shares to be traded publicly.The debut came without fanfare, as the trade opened with no splashy bell-ringing event for Palantir, using the symbol PLTR, at the New York Stock Exchange.The shares opened in early afternoon at …

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