After a 30% Decline, Is It Time to Buy the Dip on Palantir Stock?
For several years, Palantir Technologies (NASDAQ: PLTR) seemed invincible. The stock rallied as much as 1,250% over the past two years before gravity took hold. Proposed spending cuts by the U.S. government and a high multiple weighed on Palantir stock, which is down roughly 30% (as of this writing) since its peak in mid-February.After a slump of those proportions, is it finally time to buy the stock?Palantir was riding high before some recent developments conspired to take the wind from its sails.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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