Reported 2 days ago
Palantir Technologies (PLTR) saw its stock drop over 7% following a U.S. Army memo highlighting security concerns in a communications prototype. Despite a strong year-to-date performance with a 130% increase and robust fundamentals like a 93% rise in U.S. commercial revenue, options data suggests bearish sentiment and a potential short-term downtrend, with Wall Street projections indicating further declines could be likely.
Source: YAHOO