Palantir Stock Solid Earnings, Sudden Drop Hosted by MarketBeat StaffMay 7, 2024 ShareLink copied to clipboard. Play video for Palantir Stock Solid Earnings, Sudden DropDetailsGuestsPalantir Technologies Inc. NYSE: PLTR delivered a solid earnings report, but you wouldn't know it if you looked at the share price. PLTR stock is down over 11% in pre-market trading. You could look at this as a reaction to weaker full-year guidance. But it's more likely that traders took some profit after the PLTR stock shot about 8% higher before the results were released. It's a reminder that Palantir continues to attract both traders and long-term investors. If you're in the latter category, the story hasn't changed. If anything, it's getting stronger. However, in the short term, PLTR stock continues to be an active trade, and that's reflected in the volatile price movement. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioPLTRPalantir Technologies3.1192 of 5 stars$74.39-1.8%N/A371.97 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored7 Defense Stocks That Don’t Need the Election to Move HigherThe defense sector is a good place for investors who are looking for both growth and value. While it's not one...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. 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Hosted by MarketBeat StaffMay 7, 2024 ShareLink copied to clipboard. Play video for Palantir Stock Solid Earnings, Sudden DropDetailsGuestsPalantir Technologies Inc. NYSE: PLTR delivered a solid earnings report, but you wouldn't know it if you looked at the share price. PLTR stock is down over 11% in pre-market trading. You could look at this as a reaction to weaker full-year guidance. But it's more likely that traders took some profit after the PLTR stock shot about 8% higher before the results were released. It's a reminder that Palantir continues to attract both traders and long-term investors. If you're in the latter category, the story hasn't changed. If anything, it's getting stronger. However, in the short term, PLTR stock continues to be an active trade, and that's reflected in the volatile price movement. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioPLTRPalantir Technologies3.1192 of 5 stars$74.39-1.8%N/A371.97 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored7 Defense Stocks That Don’t Need the Election to Move HigherThe defense sector is a good place for investors who are looking for both growth and value. While it's not one...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored7 Consumer Discretionary Stocks That Will Continue to RallyConsumer discretionary stocks appear to be among the winners from the ongoing Trump trade following the U.S. p...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored8 Retail Stocks to Own For the Long HaulAfter the 2020 e-commerce boom, everyone thought we had taken a 10-year leap in online shopping. Amazon was op...MarketBeat
