- PLTR +1.40%
Palantir Stock Slides, Despite AI Boom Propelling Growth
The Wall Street Journal · 3 weeks ago
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- 21.01Add to watchlist+0.29 (+1.40%)At close:4:00 PM EDTFri. May 24, 202421.06 +0.05 (+0.24%)Pre mkt:7:05 AM EDTTue. May 28, 2024Nasdaq Real Time Price (USD) · Pre-Market Time
- Open20.72High21.15Low20.65
- Mkt Cap46.79BP/E (TTM)175.08Div & YieldN/A & N/A
- Prev. Close20.7252 Wk. Low13.5652 Wk. High27.50
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May 21, 2024 · This surge of interest drove many IPO stocks into the stratosphere, with Palantir among them. On Jan. 27, 2021, just months after its debut, Palantir Technologies hit an all-time high of $39 ...
- What Does It Do
- Financials
- Controversy
Named after the sinister seeing stones in the Lord of the Ringsseries, Palantir helps its clients analyze data to solve complicated problems or optimize operations by building them platforms with search features and visualizations. Its tools are primarily adopted for surveillance and security, and its biggest customers are law enforcement agencies ...
Never turned a profit beforeRevenue 2019: $742 million, +25% year over yearNet loss 2019: $580 million, about the same from prior yearRevenue H1 2020: $481.2 million, +49% year over year (FY2020 to cross $1B)Palantir is seen as controversial because of the nature of some of the work its clients conduct, its inability to share much information on the projects and its unconventional corporate governance structure. Amnesty International yesterday saidit is "failing to conduct human rights due diligence around its contracts with ICE" and "there is a high r...
- Deborah D'souza
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Sep 30, 2020 · CNN Business —. Palantir Technologies, the secretive data company best known for taking on controversial work for the US government, made its Wall Street debut Wednesday.
- 4 min
Sep 30, 2020 · Looking at the current IPO market, it’s very likely that Palantir will open above its reference price, but still well below the valuations we have seen in some recent IPOs. A few recent...
Sep 24, 2020 · Palantir Stock IPO: A Direct Listing. Palantir stock begins trading on the NYSE on Tuesday, Sept. 30 under the ticker “PLTR”. The company will pursue a direct listing, rather than a traditional...
Oct 1, 2020 · Photo: Andrew Harrer/Bloomberg News. Palantir Technologies Inc. PLTR -0.09% and Asana Inc. ASAN 1.28% made history by both completing direct listings on the New York Stock Exchange on the same...
9/21 12:03 PM. Previous Close 20.72. Open 20.72. Bid 21.01 x 36100. Ask 20.98 x 4000. Day's Range 20.65 - 21.15. 52 Week Range 12.82 - 27.50. Volume 21,906,180. Avg. Volume 50,787,971. Market Cap...
