What just happened to Palantir stock? Bulls and bears weigh in
PLTRPalantir Technologies(PLTR) Finbold·2024-08-07 18:52

On August 5, Palantir Technologies (NYSE: PLTR) reported strong second-quarter earnings that exceeded expectations, with revenue significantly surpassing Wall Street’s forecasts. PLTR’s stock surged following its announcement of September quarter guidance, which came in well above analyst predictions, with reported adjusted earnings per share of 0.09,beatingestimatesof0.09, beating estimates of 0.08, alongside total revenue of 678million,surpassingtheexpected678 million, surpassing the expected 652.8 million. This positive news comes despite a broader marke ...