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-0.00149246759313334 -0.00198645334579009 -0.000934252014481052 -0.00467242788742274 -0.00992642765385973 -0.00992642765385973 -0.00992642765385973 -0.00992642765385973
Stock impact report

Palantir Drops 7% Despite $300M USDA Win: Is the Dip a Buying Opportunity? [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
ServiceNow's (NOW) post-earnings decline sparked sector-wide revaluation concerns among traders questioning whether SaaS multiples have room to compress further, dragging down software peers like Palantir despite the company's own positive catalysts. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Shares of Palantir Technologies NASDAQ:PLTR ) are down roughly 7% in Thursday afternoon trading, changing hands near $142 after starting the session at $152.62. The slide comes despite a fresh $300 million contract with the U.S. Department of Agriculture and a new Buy initiation from DZ Bank. The pullback is striking given the backdrop. Palantir's year-to-date performance now sits at -14%, even as the stock remains up 62% over the last 12 months. Retail traders are weighing whether today's dip is a gift or a warning. The broader tape offers little cover. The major U.S. market indexes are down less than 1%, so this is a stock-specific and sec Show less Read more
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