7h ago
Palantir (PLTR) Faced with Valuation Tug-of-War: Is the 35% Pullback a Buying Opportunity?
Shares of Big Data and Artificial Intelligence heavyweight Palantir Technologies Inc. (NASDAQ: PLTR) closed down 1.41% at $130.21 on Wednesday, extending a painful correction that has seen the stock shed 13.2% over the past week and roughly 26% year-to-date. Currently trading more than 35% below its 52-week high of $207.52, the enterprise software specialist finds itself at a critical macro crossroads.