Palantir Technologies ($PLTR) is facing challenges as its revenue growth from US government contracts has slowed, with some agencies looking at cheaper rivals. The company's stock has been volatile, with mixed sentiments from investors. Despite this, institutional investors have increased their holdings, with the stock briefly crossing above the 50-Day MA line. However, concerns have been raised about Palantir's investment in SPACs, with reports indicating that 30% of the SPACs they invested in are bankrupt, leading to a significant decline in an equal-weighted portfolio holding these SPACs.
$UPST sold the payday shares made great payday %. I will swing the rest now that I have some $ in my pocket.
$PLTR has gapped up today, briefly crossed above 50-Day MA line. Total shares held by institutional investors is up ~10% q/q as early #13F data for Q4 shows. Majority of ~150 institutional holders who reported holding the stock are either new or increased buyers.👇🏼 Would… https://t.co/ntyKBBCc5K https://t.co/ejf4CWz7zs
$PLTR is gapped up today, briefly crossed above 50-Day MA line. Total shares held by institutional investors is up ~10% q/q as early #13F data for Q4 shows. Majority of ~150 institutional holders who reported holding the stock are either new or increased buyers.👇🏼 Would… https://t.co/W2IB04dEwP https://t.co/ejf4CWz7zs
$PLTR Karp knows something. Now $17.5.
If $SMCI and $AVGO and $AMD and $NVDA continues to skyrocket, there is one laggard that needs to play ketchup, I mean catchup. That is $PLTR. $20 is NOT out of the question. Called this recent 12% move. Lets press.
$PLTR HUGE pop today, sold off slightly intraday but still. Finally. Heart if you got in last couple weeks. https://t.co/gmAYqQaXGZ
$PLTR (+8.40%) Palantir is on top of trending and spiking higher today off no news Sentiment is getting frothy 👀 https://t.co/3LdY2I2udN https://t.co/Z4XQhwFtaZ
$PLTR took my payday shares off made great payday %. I now settle into the full swing with $ in my pocket
$PLTR 18ish on my radar for next level higher. Been holding this awhile as it based. I will take my paydays today. The gap up needs to hold price by days end. https://t.co/c1LLEdXdox
If money comes back to some small caps. $pltr has a nice pattern. I already bought some Friday https://t.co/hD3YU2t7Cb
$PLTR (+2.5% pre) Palantir’s Momentum Hurt by Slowing Growth in Government Deals - WSJ https://t.co/TjiaawSA66
Palantir's revenue growth from US government contracts has slowed in recent quarters, as some agencies look at cheaper rivals and seek fewer data access limits (@heathersomervil / Wall Street Journal) https://t.co/YsyAkYeMEZ https://t.co/xaPaEnBGCZ
$PLTR Palantir’s Momentum Hurt by Slowing Growth in Government Deals @WSJ https://t.co/rfsQQUMxrG
Palantir Technologies is confronting the challenges of doing business with the U.S. government https://t.co/RUtIZITBiB https://t.co/RUtIZITBiB
Palantir $PLTR isn't very good at stock picking. An equal-weighted portfolio holding the SPACs they invested in would be down 87%.
Of the #SPACs Palantir $PLTR invested in, 30% are bankrupt. Maybe they should have eaten their own dog food when trying to stock pick.