Palantir Q2: On Track To Take Over
PLTRPalantir Technologies(PLTR) Seeking Alpha·2024-08-06 21:20
JHVEPhotoI recently discussed that Palantir (NYSE:PLTR) stock was expensive for a reason. However, despite being pricey, Palantir was not immune from the global correction, which slammed the stock to around $21 in recent sessions, roughly a 30% fall from its recent high.  Palantir 1-Year Chart  PLTR (stockcharts.com)Palantir dropped to around $21, coinciding with support at the 200-day MA. Palantir had a sharp reversal off the lows, finishing down by around 2.6% after regaining most of its losses in the ...