Palantir, PLTR
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Palantir stock remains super expensive despite a more-than-20% decline in recent sessions. But Citi analyst Tyler Radke believes PLTR shares have a very durable moat.
Palantir shares tumbled Tuesday afternoon, extending recent losses as a high-profile short seller fueled worries the stock could be overvalued after a strong run earlier this year.
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It has been just under five years since Palantir Technologies (NASDAQ: PLTR) went public through a direct listing in September 2020, and the stock has delivered outstanding gains
Palantir Technologies shares have has become a focal point of market debate in recent sessions. A new short-seller report clashes with bullish catalysts from government and enterprise sectors.
While the operational momentum is clearly solid, investors should pay closer attention to the risks. History shows Palantir stock can fall hard as sentiment shifts.
Palantir stock slides 14% from peak as valuation fears, weak commercial growth, and AI reset weigh on sentiment.
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks to watch as Jim Cramer looked at market rationality. Cramer called it “a talented company” and said: “These skeptics want to understand crypto,