Why palantir stock is down today.

Shares of Palantir Technologies ( PLTR -5.57%) fell as much as 7% on Friday morning after a Wall Street analyst cut his price target for the data analytics stock. The analyst isn't questioning the ...

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

Aug 8, 2022 · A string of disappointing earnings is the reason why Palantir stock has declined 50% in the past 12 months and is now 68% below its all-time high of $35.18 reached in January 2021. Until Palantir ... Palantir Technologies Inc’s Stock Price as of Market Close. As of March 09, 2023, 4:00 PM CST, Palantir Technologies Inc’s stock price was $7.69. Palantir Technologies Inc is down 5.41% from its previous closing price of $8.13. During the last market session, Palantir Technologies Inc’s stock traded between $8.06 and $8.58.Palantir Technologies Inc’s Stock Price as of Market Close. As of March 09, 2023, 4:00 PM CST, Palantir Technologies Inc’s stock price was $7.69. Palantir Technologies Inc is down 5.41% from its previous closing price of $8.13. During the last market session, Palantir Technologies Inc’s stock traded between $8.06 and $8.58.On Monday, data analytics company Palantir reported revenue up 26% but its loss of $0.09 per share in the quarter was worse than analysts had expected. The company also forecast third-quarter and ...

Neil Rozenbaum has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Neil is an affiliate of The ...Dec 22, 2022 · Yet today, when inflation and rate fears kicked in, Palantir sold off hard, despite Bank of America analysts defending the stock, calling the sell-off "overdone" and putting a $14 price target on ...

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 ...After today's sell-off, Palantir stock is down roughly 67% from the high that it hit last January. The company now has a market capitalization of roughly $30 billion and is valued at approximately ...

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 ...Palantir Technologies ( PLTR 1.10%) has been on fire so far in 2023, fueled by a continuing resurgence in technology stocks. Shares of the data mining and analytics specialist are up 138% so far ...Software platform company Palantir Technologies ( PLTR 1.10%) is a popular name among retail investors, who own most of its shares, compared to just 35% ownership by institutions and hedge funds ...Palantir Technologies ( PLTR 1.10%) has been on fire so far in 2023, fueled by a continuing resurgence in technology stocks. Shares of the data mining and analytics specialist are up 138% so far ...Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and more. People stand in front of a banner displaying Palantir Technologies Inc. signage during the company’s initial public ...

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 ...

However, since hitting a peak of $45 per share earlier this year, PLTR has fallen substantially. Currently, investors can pick up shares of Palantir for less than $25 apiece. And today’s move of ...

On a broadly positive session on Wall Street Friday, data analytics specialist Palantir (NYSE: PLTR) helped swing the needle forward, with shares gaining almost 5%. Earlier this week, both ...Oct 24, 2023 · Consider big-data firm Palantir (NASDAQ: PLTR), which has seen it shares soar 152% year to date, and yet it's still down by more than half from a high of almost $39 in early 2021. While the Denver ... 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 …What happened. Shares of Palantir Technologies ( PLTR -0.62%) charged sharply higher Friday, spiking as much as 10.8%. As of 3:22 p.m. ET today, the stock was still up 10.5%. While the rising tide ...May 2, 2022 · Shares of Palantir ( PLTR -2.49%) dropped 24.3% in April, according to S&P Global Market Intelligence. The big data analytics and software firm greatly underperformed the S&P 500 Index last month ... Even after today's gains, Palantir's stock price is down about 38% so far this year. Although its shares aren't cheap at roughly 60 times analysts' earnings estimates for 2022, they are now much ...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 …

Week to date, shares of Palantir Technologies ( PLTR -2.49%) are down 15% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The stock has more than ...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. Oct 6, 2023 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips. On a broadly positive session on Wall Street Friday, data analytics specialist Palantir (NYSE:PLTR) helped swing the needle forward ... 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 ...Palantir stock has enjoyed a nice upswing lately. The stock is up over 60% over the last month as of this writing. The most prudent course of action would be to dollar-cost average into the stock ...Aug 24, 2023 · Palantir (NYSE: PLTR) stock is trending on social media, and PLTR stock is down 4%. Palantir, which unveiled an artificial intelligence ( AI) platform earlier this year, climbed in sympathy with ...

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.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 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 ...A string of disappointing earnings is the reason why Palantir stock has declined 50% in the past 12 months and is now 68% below its all-time high of $35.18 …Aug 11, 2023 · Week to date, shares of Palantir Technologies ( PLTR -2.49%) are down 15% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The stock has more than ... 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 ...Image source: Getty Images. All told, Palantir generated an operating loss of $39 million, compared with a loss of $114 million in the year-ago quarter. Despite that improvement, the company's ...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 ...With today's gains, Palantir now has a market cap of roughly $27.3 billion and is valued at approximately 13.7 times this year's expected sales. Beyond momentum for the broader market affecting ...Shares of PLTR are falling on above-average trading volume Monday with more than 57.6 million shares already traded in the session. According to data from …Shares of PLTR are falling on above-average trading volume Monday with more than 57.6 million shares already traded in the session. According to data from …What happened. Palantir Technologies ( PLTR 1.10%) reported a slight beat in its most recent quarter, and said it expects to be profitable for the rest of the year, thanks to strong demand for its ...

More recently, Morgan Stanley downgraded Palantir stock to $8, which implies a 40% drop from current trading levels. According to several public reports, the bank's downgrade anchors on the gap ...

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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 ...Palantir Technologies. Market Cap. $42B. Today's Change. (-2.49%) -$0.49. Current Price. $19.20. Price as of November 24, 2023, 1:00 p.m. ET. You’re reading a free article with opinions that may ...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 …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 ...Aug 11, 2023 · Week to date, shares of Palantir Technologies ( PLTR -2.49%) are down 15% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The stock has more than ... Palantir's stock has fallen 25% over the past three months, and the the most recent significant price drop came after the company reported its second-quarter (which ended June 30) financial results.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 ... 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, …Market Cap. $44B. Today's Change. (1.10%) $0.22. Current Price. $20.27. Price as of December 1, 2023, 4:00 p.m. ET. You’re reading a free article with opinions that may differ from The Motley ...

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 ...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...Why those numbers might raise red flags. However, Palantir's prospectus reveals that prior to its public debut, its insiders consistently sold their shares at an average price of $5 to $6 in ...Instagram:https://instagram. top stoknyseamerican lptvnyse aevaforeign exchange market training What happened. Shares of Palantir Technologies ( PLTR -0.62%) charged sharply higher Friday, spiking as much as 10.8%. As of 3:22 p.m. ET today, the stock was still up 10.5%. While the rising tide ... arrived homes investment reviewsanalysts stock ratings 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 ... fastest cash out refinance Nov 2, 2023 · Palantir's revenue grew 17% year over year in the third quarter to $558.2 million, and it booked GAAP net income of $71.5 million, or $0.03 per share, swinging into the black from a loss of $0.06 ... C3.ai, Palantir, and Appian are all growth stocks that are booking little to no profits now. The vast majority of their anticipated earnings will come well in the future.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.