Palantir Is Seeing Unprecedented Artificial Intelligence (AI) Demand. Why Is the Stock Down?
Sometimes, it doesn’t seem to matter what a company does in a quarter: The stock still gets sold off after its report. That’s where Palantir (NYSE: PLTR) found itself. After investors pushed the stock higher in advance of its May 6 earnings report, Palantir stock dropped 15% after the company reported earnings. Even after a …