Stock Market Today: Dow edges lower
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Citron Research, the firm led by short-seller Andrew Left, unpacked its bear case for Palantir, using OpenAI to show why it may be highly overvalued.
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Palantir’s stock is sliding. Here’s why this short-seller thinks even a $40 price tag is ‘generous.’
Andrew Left argues that investors have overhyped Palantir stock, and its valuation pales in comparison to a true AI leader like OpenAI.
Shares in Palantir fell as much as 9% in late trading on Tuesday amid a broad AI pullback and a critical short-seller report.
Palantir Technologies (NASDAQ:PLTR) slid more than 9%, while Oracle lost over 5%. Both names have benefited this year fr
Palantir's dual-engine model delivers exceptional growth, margins, and defensibility. Click here to see why PLTR stock is a Buy.
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
Palantir Technologies shares have has become a focal point of market debate in recent sessions. A new short-seller report clashes with bullish catalysts from government and enterprise sectors.
The stock has climbed 2.5x since early January and now trades at around $185 per share. After such a rapid ascent, should investors holding sizable gains cash out?
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Lowe’s posts better-than-expected second-quarter earnings and raises fiscal-year sales guidance.