Why palantir stock is down today.

Aug 8, 2022 · A string of disappointing earnings is the reason why Palantir stock has declined 50% in the past 12 months and is now 68% below its all-time high of $35.18 reached in January 2021. Until Palantir ...

Why palantir stock is down today. Things To Know About Why palantir stock is down today.

Palantir had been trading north of $26 at the time, but investors were spooked by the megabank's negative tone, and spent the next two days selling off the stock, eventually sending it down nearly 5%.While Palantir reports "adjusted" profits, it still lost over $100 million under generally accepted accounting principles last quarter, thanks to a massive $149 million in stock-based compensation.A post-earnings rally in Palantir Technologies ( PLTR 1.10%) shares extended to a second day, with the stock up as much as 5.6% on Wednesday morning. The release of fourth-quarter results provided ...Aug 31, 2023 · PLTR stock dropped following its Q2 report, with $28M net income and $533M revenue, up 13% year-over-year. The stock surged from $4.30 to $20 based on hype around the company’s potential to ...

In this video, I will talk about Palantir (PLTR 0.66%), touch on some essential points mentioned during the earnings call, and explain the issues the company and the stock currently have.As of 12:50 p.m. EDT, Palantir's stock price was up more than 10%. So what Palantir's revenue rose 49% year over year to $376 million, fueled by new customer additions and higher sales to existing ...

We can see that Palantir's stock is now down by about 33% from its pre-earnings price of roughly $27. Given the strong earnings announcement and excellent guidance, why is the stock down this much ...

C3.ai, Palantir, and Appian are all growth stocks that are booking little to no profits now. The vast majority of their anticipated earnings will come well in the future.Nov 7, 2022 · Palantir Technologies (NYSE:PLTR) fell more than 11% on Monday after the data software company reported mixed third-quarter results and guidance, with investment firm Citi adding it expects ... Software company Palantir Technologies ( PLTR -0.56%) is arguably one of the most controversial stocks on the market. Investors either love or hate the company and aren't afraid to tell you about ...Read on to find out about this new product development and why it makes the stock a screaming buy. Palantir is an AI-first platform. Palantir primarily uploads mounds of data through its software ...With today's gains, Palantir now has a market cap of roughly $27.3 billion and is valued at approximately 13.7 times this year's expected sales. Beyond momentum for the broader market affecting ...

Dec 4, 2023 · Palantir has attracted a lot of attention among investors in recent years as a way to play the AI boom, but its performance has been mixed as the stock is still down sharply from its peak in 2021.

Shares of Palantir Technologies (PLTR 4.64%) rose on Thursday, following positive analyst remarks. By the close of trading, the stock price was up 3.8% after rising as much as 6.3% earlier in the day.

You may have a lot of questions if you are interested in investing in the stock market for the first time. One question that beginning investors often ask is whether they need a broker to begin trading.Data analytics stock Palantir Technologies ( PLTR -0.62%) dropped 11.8% in December as investors continue to move away from growth stocks with high valuations. Similar stocks, including Splunk ...Palantir has been a hotter buy than Nvidia of late. One stock that has been synonymous with AI and growth this year has been Nvidia, which makes AI chips. But it has been losing steam of late ...Shares of Palantir ( PLTR) stock are up approximately 5% today on no clear company-specific news. However, this continued surge appears to be tied to hype around the AI revolution. With Nvidia ...Feb 14, 2022 · The big-data company's stock is still down by 70% from its high. What happened Shares of Palantir ( PLTR -0.41% ) were up by roughly 3.4% as of 1 p.m. ET Monday, after having been up by as much as ... C3.ai, Palantir, and Appian are all growth stocks that are booking little to no profits now. The vast majority of their anticipated earnings will come well in the future.Aug 11, 2023 · Week to date, shares of Palantir Technologies ( PLTR -2.49%) are down 15% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The stock has more than ...

Palantir Technologies (PLTR 1.06%), a controversial data analytics company, made its public debut on Wednesday, and its shares showed an impressive 48% gain as of 2:30 p.m. EST. That percentage is ...Compared to $36.6 million in the same quarter last year, this is an increase of 285% year-over-year. And finally, Palantir raised its full-year guidance for fiscal 2023 …What happened Palantir ( PLTR 1.10%) stock is making big gains in Thursday's trading session following news that it had received new support from a …Palantir's stances are unusual for Silicon Valley—and run of the mill for defense contractors. What is a company for? Ostensibly, to make products for customers and profits for investors. The digital economy is different. Google makes produ...Why Palantir (PLTR) Stock Is Down Today. ... As a reminder, higher rates generally hurt stock prices, as today's stock price is the present value of future cash flows discounted at a discount rate ...

With shares skyrocketing in recent months, Palantir’s valuation has expanded considerably, which could be a risk for current investors. Specifically, the stock is currently trading at about 19 ...

What happened. Shares of Palantir Technologies ( PLTR -0.62%) charged sharply higher Friday, spiking as much as 10.8%. As of 3:22 p.m. ET today, the stock was still up 10.5%. While the rising tide ...The steady uptrend channel going back to July has been broken out of, smashed out of actually, last Thursday in a strong move. We can see clearly from the chart that Palantir stock is now steady ...The big-data company's stock is still down by 70% from its high. What happened Shares of Palantir ( PLTR -0.41% ) were up by roughly 3.4% as of 1 p.m. ET Monday, after having been up by as much as ...Palantir Technologies Pumps Up the Volume, and the Price Targets...PLTR I recommended the long side of Palantir Technologies (PLTR) on April 13 writing that "Aggressive traders with a bit of patience could go long PLTR at current levels ris...So what. Palantir's revenue climbed 36% year over year to $392 million in the third quarter. That marked a notable deceleration from the 49% growth the data software provider delivered in the ...Nov 10, 2022 · Why Palantir Stock Soared Today. By Keith Noonan – Nov 10, 2022 at 4:51PM Key Points. ... and Palantir stock is trading down roughly 58% year to date even after today's big gains. If the Fed ... Aug 31, 2023 · PLTR stock dropped following its Q2 report, with $28M net income and $533M revenue, up 13% year-over-year. The stock surged from $4.30 to $20 based on hype around the company’s potential to ...

Palantir Technologies, Inc. PLTR shares were pulling back in premarket trading on Thursday following a negative analyst action. Morgan Stanley analyst Keith Weiss downgraded Palantir from Equal-Weight to Underweight, citing unfavorable risk-reward, StreetInsider reported. The analyst also said the stock could see a 45% downside from …

Nov 29, 2021 · Palantir (NYSE: PLTR) stock declined by about 13% in Tuesday’s trading and is down by almost 25% over the last 5 trading days. The sell-off is largely driven by a mixed December quarter earnings ...

Dec 2, 2020 · What happened. Data analytics company Palantir Technologies ( PLTR 1.65%) had an amazing November, up more than 150% despite no real needle-moving news. The stock is losing some of that altitude ... Palantir investors have endured a wild ride since the company's debut, and although the stock has fallen considerably from its highs it is still priced at more than 8 times sales.Palantir now has a market capitalization of roughly $31 billion and is valued at approximately 15.5 times this year's expected sales. The big data company's business has been growing at a healthy ...Shares of Palantir ( PLTR -0.62%) are sinking again in this week's trading. Heading into this Friday's market open, the big-data specialist's stock was down roughly 8.4% from last week's close ...On Monday, data analytics company Palantir reported revenue up 26% but its loss of $0.09 per share in the quarter was worse than analysts had expected. The company also forecast third-quarter and ...79.92%. Dividend Yield. N/A. Still, Palantir remains unprofitable. It posted a net loss of $156.2 million, compared to a loss of $148.3 million in the year-ago quarter. Moreover, Palantir's ...7 hours ago · shares are trading lower Monday amid a broader sell-off in the tech sector. Here's a look at what to know: What To Know: Shares of PLTR are falling on above-average trading volume Monday with more... Nasdaq Futures +40.25(+0.25%) Russell 2000 Futures +1.30(+0.07%) Crude Oil +0.43(+0.55%) Gold 2,063.60 -3.50(-0.17%) Advertisement Palantir Technologies Inc. …

In this video, I will talk about Palantir (PLTR 0.66%), touch on some essential points mentioned during the earnings call, and explain the issues the company and the stock currently have.In Q3 2021, Palantir reported $0.04 in adjusted EPS and revenues of $392 million. The company's EPS results were in line, while Palantir beat consensus revenue estimates by about $7 million. The ...What happened. Palantir Technologies (PLTR 1.06%) has been a momentum stock since it first went public during most of its two and a half years as a public company. In May, the company found itself ...1. 3 Undervalued Dividend Energy Stocks to Scoop Up Now. 2. Nasdaq Futures Plunge as Disappointing Tesla and Netflix Results Weigh on Sentiment. 3. 3 Warren Buffett …Instagram:https://instagram. ria investmentswhat time can you pre order iphone 15forex trading booksgrowing brands Stock Story -. What Happened: Shares of data-mining and analytics company Palantir (NYSE: PLTR) fell 8.2% in the morning session as stocks pulled back, and … nvidia stock projectionforex broker us clients Shares of defense contractor and intelligence software specialist Palantir Technologies ( PLTR 0.66%) are tumbling today, down by 11.2% as of 11:10 a.m. ET, after the company reported mixed ... crispr stock forecast 2030 With a market cap of $20 billion, Palantir is still valued at 11 times this year's sales. That price-to-sales ratio is arguably too high for an unprofitable company that is generating 20% to 30% ...If you want to understand Palantir and its new artificial intelligence (AI) tools, this is a must-watch video. I provide the bear and bull cases, valuation, news, technical analysis, and real-talk ...So what. On Wednesday, Goldman Sachs analyst Christopher Merwin lifted his rating on Palantir's stock from neutral to buy and boosted his price forecast from $13 to $34. Merwin applauded Palantir ...