Why Did Palantir Technologies Stock Drop Again?
Investors are fearful about Palantir stock -- but Wall Street says it's time to get greedy.
Overview
Palantir Technologies (NASDAQ: PLTR) stock closed down 6.1% Tuesday after Cleveland Research hinted at weak commercial spending among the company's commercial partners, as StreetInsider.com reports.
But here's the thing: Not everyone agrees that Palantir is heading for disappointment. Over the past two days, two other analysts have come out in support of Palantir stock ahead of its Q2 earnings release on Aug. 3.
Image source: Palantir.
Details
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.