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Shares in Palantir fell as much as 9% in late trading on Tuesday amid a broad AI pullback and a critical short-seller report.
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.
However, since hitting a record closing high of $186.97 on August 12, the stock on Tuesday was on track for a five-day losing streak and its worst day since May 6. As of 1500 ET, PLTR's class A shares ...
The S&P 500 slipped 0.4% and is on track for a third straight modest loss after setting its all-time high last week. The Dow ...
That rise has made Palantir extremely pricy. Shares now trade at a multiple of 214 times expected earnings over the next 12 months, compared to an S&P 500 average of 22 times earn ...
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Investor's Business Daily on MSNPalantir Falls For Fifth Straight Session. Is Party Over For Hot AI Stocks?
Palantir stock fell for the fifth straight trading session on Tuesday. With the retreat, Palantir stock is down 12% from its all-time high.
Then, short seller Andrew Left of Citron Research said PLTR stock was "detached from fundamentals and analysis". He's ...
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Palantir ( NASDAQ: PLTR) stock is under pressure and getting hit with substantial sell-offs in Tuesday’s trading. The ...
The AI startup is chasing a $500 billion valuation, with backers betting it can become the next Apple or Google. There are ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn’t one of them. The 10 stocks that made the ...
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