Why Palantir Stock Just Set a 52-Week Low
I never wanted to own Palantir stock before, but the valuation is finally getting attractive.
Why Palantir Stock Just Set a 52-Week Low
Overview
Palantir Technologies (NASDAQ: PLTR) stock, one-time star of the defense technology industry, tumbled 5.2% through 12:50 p.m. ET Thursday. In fact, earlier in the morning, the company briefly set a new 52-week low share price of $106.39.
And here's the weird thing: It dropped not on bad news but on good news.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
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.
