Simply put, whenever good news is delivered esp at conference calls, PLTR management team will sell off their employees' benefits of shares allicated to them so that PLTR share price will not shoot up . This is a good move by Karl and his team as they want PLTR share price to temper up slowly but surely. Yes, it is a lonhbterm growth stock and if you have yhe conviction in PLTR stock, the you should be biying at every dip.
$Meta Materials Inc.(MMAT)$Price rose to 5.36 at ppst market close, up another 4.4% from close. Think the good news is when Favebook announced it is going to be called META on Dec 1st 2021. FB cannot use META name unless it absorbs MMAT and that would be huge
META belongs to Meta Materials and Facebook has no right to use it unless there is some coming news ofFB absorbs META? Lets wait for META conference call on Nov 11th. This will be huge for MMAT. No wonder MMAT rose to 5.36 post market.
FAANG stocks acronym: what happens when Facebook becomes Meta?