Palantir Earnings and Outlook Fall Short of Estimates. The Stock Plunged. – Barrons

Palantir Technologies posted soft first-quarter results, along with June quarter guidance that fell shy of previous Wall Street forecasts.

Palantir stock (ticker: PLTR) fell 20.8% on Monday to $7.51. It hit an all-time low of $7.32 during the session. Year to date, the stock has fallen about 60%.

Global economic and geopolitical forces appeared…

Leave a comment

Your email address will not be published. Required fields are marked *