Is the Worst Finally Over for Palantir Stock?
For months, every piece of good news seemed to push Palantir stock lower. Then came its latest earnings report -- and something changed.
Overview
Just a few months ago, it seemed like every piece of good news pushed Palantir Technologies (NASDAQ: PLTR) stock lower.
The company kept reporting strong results. Demand for its artificial intelligence (AI) software continued to accelerate. Yet investors remained unimpressed. But something changed recently. After another blockbuster earnings report, Palantir stock surged rather than sank.
Details
That doesn't necessarily mean the correction is over. But it may be the market's first signal that investor sentiment is beginning to change.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.