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Closing Bell: Palantir Rises, Advance Auto, Urban Outfitters Both Soar on Results | Stock Movers
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May 22, 2025
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7:45Now PlayingOn this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec.
Palantir (PLTR) shares were higher on reports it got a boost to an existing defense contract the AI firm already has with the US government.
Advance Auto Parts (AAP) shares soared as high as 44%, a record intraday gain after the auto-parts retailer reported comparable sales that fell less than expected in the first quarter.
Urban Outfitters (URBN) saw shares rise over 20% in trading, marking its biggest intraday rise since November of 2020 after the apparel retailer reported net sales for the first quarter that beat the average analyst estimate.
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Closing Bell: Palantir Rises, Advance Auto, Urban Outfitters Both Soar on Results
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