In this video, I will cover the recent updates regarding Palantir (PLTR 4.65%) and explain why the stock dropped on Friday.
*Stock prices used were from the trading day of June 20, 2024. The video was published on June 21, 2024.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Where Does Palantir Stock Go From Here?
By Neil Rozenbaum
–
Jun 22, 2024 at 5:00AM
NYSE: PLTR
Palantir Technologies
Market Cap
$54B
Today's Change
(4.65%) $1.12
Current Price
$25.22
Price as of June 27, 2024, 4:00 p.m. ET
PLTR stock dropped 7% on Friday.
Neil Rozenbaum has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Motley Fool Investing Philosophy
- #1 Buy 25+ Companies
- #2 Hold Stocks for 5+ Years
- #3 Add New Savings Regularly
- #4 Hold Through Market Volatility
- #5 Let Winners Run
- #6 Target Long-Term Returns
Why do we invest this way? Learn More
Stocks Mentioned
Palantir Technologies
PLTR
$25.22
(4.65%)
$1.12
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
756%
Motley Fool Returns
Market-beating stocks from our award-winning analyst team.
Stock Advisor Returns
756%
S&P 500 Returns
161%
Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 06/27/2024.
Discounted offers are only available to new members. Stock Advisor list price is $199 per year.
Cumulative Growth of a $10,000 Investment in Stock Advisor
Calculated by Time-Weighted Return since 2002. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.