Shares in Palantir Technologies (PLTR) were down in premarket trading Wednesday after falling sharply yesterday, as the stock continues to retreat from its record high set in late December.
Malik Ahmed Khan from Morningstar and Derek Yan from KraneShares discuss Palantir's stock, which has seen both massive gains and significant scrutiny.
Palantir Technology's (PLTR -7.81%) recovery from its post-IPO (initial public offering) slump has been nothing short of incredible. After an initial warm reception, shares of the company slid more than 80% from their high in early 2021.
Sellers hit the stock market hard Tuesday after new JOLTS data raised fears that inflation could be around for a while. The post Stock Market Down But Not Out After Economic Reports; Big Leaders Palantir, AppLovin At Critical Juncture appeared first on Investor's Business Daily.
Palantir stock has dropped 12% over the last two days, their worst two-day stretch since May of 2024.
Bears criticized Palantir's valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?
The AI sector looks a bit quiet in the premarket trading session, as the Tuesday trading will more likely than not be a continuation of the overall sideways action that we have seen for a while, as liquidity is still somewhat thin.
Palantir Technologies Inc.‘s PLTR stock price surged 355% over the past 12 months, but the shine may be fading as technical indicators and high-profile moves signal potential turbulence ahead.
The ongoing AI revolution is one of the dominant narratives in the financial markets. While we tend to think primarily of Nvidia (NASDAQ: NVDA) as the main beneficiary, there's one stock that has netted even greater returns from the rally — and that is big data analytics and AI infrastructure company Palantir (NASDAQ: PLTR).
Perhaps unsurprisingly, given the strength of the technology sector, 2024 has been remarkable for Palantir (NASDAQ: PLTR).
In 2025, the artificial intelligence (AI) theme is looking to be powerful yet again thanks to snowballing demand. And these three stocks will keep investors riding the wave.
Given PLTR's remarkable surge in stock price, it's essential to evaluate its current standing and determine whether it remains a compelling investment choice.