Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after Defense Secretary Pete Hegseth ordered the Pentagon to slash its $850 billion budget by 8%, or about $50 billion.
Palantir shares tumbled on Monday, building on last week's declines as the hot trade continued to show signs of sputtering.
Shares of Palantir Technologies (PLTR) are down 20% from the all-time high hit earlier this month as CEO Alex Karp plans to sell as many as 10 million shares of PLTR and the Defense Dept. plans to cut ...
Palantir co-founder and CEO Alexander Karp opens his new book with a provocative declaration: “Silicon Valley has lost its ...
Palantir trades at an extreme 83x sales, resembling Yahoo! in 1999. Learn why PLTR stock's current valuation poses ...
Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold ...
The stock chart has been getting all the attention, but there's another number that investors should be watching.
Palantir shows strong growth but its valuation is high. See why PLTR stock doesn’t justify its price, even with positive cash ...
The buzz around Palantir (NASDAQ:PLTR) has been growing by leaps and bounds over the past year, and it is easy to understand why. The big data ...
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are ...
Palantir stock was falling again early Monday after shares slumped last week in response to concern over potential cuts to ...
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