Palantir's CEO Is Selling Stock; Should Investors Follow Suit?
For a stock growing its revenue by around 30%, that valuation is pretty extreme. While Palantir is a great company, at some point valuation does matter. CEO Alex Karp seems to recognize this as well, which is why he has accelerated his selling of the stock in recent months.
The artificial intelligence (AI) and data mining specialist will be joining (another) major stock market exchange.
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Financial writer downgrades Palantir Technologies to 'sell' due to high valuation despite strong financials and growth.
Revenue growth can be exciting, but what's much more important in the long run is the bottom line. If a company can grow its ...
There may not be a hotter stock on Wall Street right now than Palantir Technologies. The company's artificial intelligence ...
Palantir Technologies is transferring its stock listing from the NYSE to Nasdaq, which could enhance its visibility and ...
Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record high, after it announced late on ...
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