UpAndDoWn
2021-12-03

$Palantir Technologies Inc.(PLTR)$why it dive down so much? Can anyone summaries? Because of virus?

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  • StrokeOfLuck
    2021-12-03
    StrokeOfLuck
    I guess investors feel that palantir has not proven itself to sustain growth from commerical side/heavily reliant on gotham in govt side. Virus variant, Rising Interest rates are factors as well
  • Palantard SG
    2021-12-03
    Palantard SG
    Taper tantrum, omicron and inflation
  • gnnivla
    2021-12-03
    gnnivla
    I suspect there are also some funds manipulating the stock as well. Which direction I not sure.... There are sister cathie's funds and now an ETF that bet against her.
  • KYHBKO
    2021-12-06
    KYHBKO
    mixture of profit taking, weaker market sentiments and omicron played a part too.
  • Silver Wolf
    2021-12-04
    Silver Wolf
    Fear of interest rate rise. When interest rate rises, company that valued based on future earnings will be valued lower
  • Lordtrade500
    2021-12-03
    Lordtrade500
    yes a combination of factors from above comment. very emotional based selloff!
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