Why palantir stock is down today.

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

Being included in the index means that Palantir will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock. Zooming out, we think this was a decent ...EA stock is down 0.02% YTD. Yahoo! Finance reports 28 analysts projecting a 12-month price target of $127.00 to $162.00, or a 3.87% to 32.49% upside. In its Q2 Earnings, the company had revenue of ... 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.The company’s shares were down around 21% to $7.50 in morning trading. It reported a net loss of $101.38 million for the first quarter, an improvement from the $156.19 million in the fourth ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Palantir Technologies (NYSE: PLTR) stock is down 20% today after the data analytics company issued its latest quarterly financial ...The company earned $0.04 per share, matching analyst estimates, on revenue of $392.15 million that beat expectations by $7 million. But the year-over-year growth rate, while still an impressive 36 ...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 ...

In 2023 and 2024, Wall Street analysts expect revenue to grow by 16% and 19%, respectively. That's solid growth, but it would only drop Palantir's valuation to 13 times sales if you utilize 2024 ...Shares of the data analytics company slid to a 52-week low of $15.35 this morning amid a market-wide decline. Both the S&P 500 and Nasdaq 100 are down some 1% at the time of this writing ...

If you’re just getting started, tracking investments might seem like a mystery. Thankfully, modern tools and technology make it easier than ever to figure out how to manage your stock portfolio and to track it. This quick guide gives you ti...Dec 20, 2021 · Palantir ( PLTR -2.49%) stock fell again on Monday. The data analytics' specialist's share price closed out the daily session down roughly 5.8%. Palantir actually announced a new partnership today ... So what. Palantir plunged on Wednesday after Morgan Stanley analyst Keith Weiss cut his rating on its stock from equal weight to underweight and assigned a $17 price forecast on its shares. Weiss ...Related Quotes Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 8.2% in the morning session as stocks pulled back, and yields rose (leading to a bond selloff) after the S&P...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 ...

Now what. Palantir has been public for only a few years, but its stock has been volatile from the beginning as enthusiasm about the company's potential has clashed with more modest actual results ...

Sep 22, 2022 · Palantir has announced a number of commercial contracts; however, it is unclear how quickly revenue will ramp up on the commercial side. Now what. Palantir is a special business with great technology.

Shares of big data software company Palantir ( PLTR -2.49%) fell 25.2% in August, according to data from S&P Global Market Intelligence . Not only did high-growth tech stocks sell off later in the ...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 ...Shares of Palantir ( PLTR 1.10%) are down 8.7% as of 10:40 a.m. EDT Tuesday despite a solid second-quarter report and raised forward guidance from the …PLTR stock still faces trading sentiment concerns. On a broadly positive session on Wall Street Friday, data analytics specialist Palantir (NYSE: PLTR) helped swing the needle forward, with shares ...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 …

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 …Shares of Palantir gained strong downside momentum after the company released its quarterly results. Palantir reported revenue of $432.9 million and adjusted earnings of $0.02 per share, beating ...Why Palantir Stock Is Under Pressure Today. By Lou Whiteman – Nov 14, 2022 at 4:15PM ... Investors are concerned, sending shares of Palantir down as much as 5.5% on Monday. So what.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.Dec 3, 2021 · The company earned $0.04 per share, matching analyst estimates, on revenue of $392.15 million that beat expectations by $7 million. But the year-over-year growth rate, while still an impressive 36 ... Mar 2, 2022 · Despite positive momentum for the broader market, Palantir (PLTR 5.12%) stock is losing ground again. The company's share price was down roughly 2.7% as of 1:15 p.m. ET Wednesday, and the pullback ...

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 …

Palantir (NYSE:PLTR) stock is in focus following the publication of a Financial Times piece detailing a National Audit Office (NAO) report. The NAO, a U.K. public spending watchdog, believes that ...With today's gains, Palantir stock is now up more than 95% in 2023. With today's gains, Palantir stock is now up more than 95% in 2023. ... Meanwhile, the S&P 500 index was down roughly 0.6%, ...The stock fell as a result, with the shares down 16.5% for May, according to data provided by S&P Global Market Intelligence. So what Palantir provides data analytics for government and commercial ...Shares of big data software company Palantir ( PLTR -2.49%) fell 25.2% in August, according to data from S&P Global Market Intelligence . Not only did high-growth tech stocks sell off later in the ...Palantir Technologies (NYSE: PLTR) stock is down 20% today after the data analytics company issued its latest quarterly financial results. The company, based in Denver, Colorado, posted earnings ...Palantir Technologies Inc Stock Price History. Palantir Technologies Inc’s price is currently down 6.54% so far this month. During the month of September, Palantir Technologies Inc’s stock price has reached a high of $16.15 and a low of $13.68. Over the last year, Palantir Technologies Inc has hit prices as high as $20.24 and as low as $5. ...And sure enough, a management shake-up at Palantir Technologies (PLTR 1.06%) just days before the company's earnings release caused a stir among investors, …Story by Lou Whiteman • 1w Why Palantir Stock Is Down Today © Provided by The Motley Fool What happened A prominent Wall Street analyst is skeptical about how well …So what. Palantir plunged on Wednesday after Morgan Stanley analyst Keith Weiss cut his rating on its stock from equal weight to underweight and assigned a $17 price forecast on its shares. Weiss ...Palantir's (PLTR 1.10%) stock price sank 5% on Aug. 8 in response to the release of the company's second-quarter report. The data mining firm's revenue rose 13% year over year to $533 million. It ...

1 Monster Artificial Intelligence (AI) Stock to Buy Now That Could Go Parabolic. Palantir stock is up over 200% so far in 2023. While that is a nice return, I think the party is just getting started.

The stock fell as a result, with the shares down 16.5% for May, according to data provided by S&P Global Market Intelligence. So what Palantir provides data analytics for government and commercial ...

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 ...Aug 31, 2023 · Key Points Palantir was downgraded to underweight by Morgan Stanley on the belief that the stock's AI-fueled run-up is overdone. Palantir shares are up 130% year to date despite the company... Palantir's revenue rose 26% year over year to $473 million in the second quarter. The gains were driven in part by 27% growth in the software company's sales to the U.S. government. Palantir also ...Feb 17, 2022 · Shares of Palantir gained strong downside momentum after the company released its quarterly results. Palantir reported revenue of $432.9 million and adjusted earnings of $0.02 per share, beating ... Palantir (NYSE:PLTR) stock is in focus following the publication of a Financial Times piece detailing a National Audit Office (NAO) report. The NAO, a U.K. public spending watchdog, believes that ...Sep 5, 2023 · Palantir's most recent quarterly results, announced in early August, continued the trend. The company matched earnings expectations on revenue that was up 13% year over year. The company also ... Responding to the announcement, Palantir’s Karp said: “This award is the culmination of 20 years of developing software that enables complex, sensitive data to be …Shares of big data software company Palantir ( PLTR 7.66%) fell hard this week, declining 12.7% on the week as of 2:46 p.m. EST Friday, according to data from S&P Global Market Intelligence ...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 ...

finance.yahoo.com - November 29 at 12:25 PM. Renaissance Technologies LLC Decreases Stock Position in Palantir Technologies Inc. (NYSE:PLTR) marketbeat.com - November 29 at 10:35 AM. Insider Selling: Palantir Technologies Inc. (NYSE:PLTR) Insider Sells 30,573 Shares of Stock.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 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%.What happened. Shares of Palantir ( PLTR 1.64%), Okta ( OKTA 2.81%), and MongoDB ( MDB 3.13%) were falling hard today, down 8.1%, 6.2%, and 7.1%, respectively, as of 3:50 p.m. ET. The pullback in ...Instagram:https://instagram. voo vanguard sandp 500 etfbest online forex trading platformpharmaceutical companies stockscloud computing stocks Despite that, Palantir is likely to fall short of its 30% annual revenue growth target, as it expects fourth-quarter sales to be between $503M and $505M, below the … optionsprofitcalccrypto exchange with debit card 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.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... outer furniture What happened. Palantir ( PLTR -0.62%) stock is losing ground again on Monday. The company's share price was down roughly 3% as of 2 p.m. ET and had been down by as much as 7.3% in the daily ...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 big data software companies Palantir ( PLTR 7.66%), Datadog ( DDOG 3.41%), and C3.ai ( AI 2.53%) all fell hard today, down 6.8%, 4.5%, and 8.9% as of 1 p.m. ET. There wasn't any company ...