Sep. 6 at 2:48 AM
$PLTR won a
$127 million Army production order.
The stock fell roughly 6% the next day.
At around 144x earnings, apparently even genuinely good news can run headfirst into valuation. The interesting question is whether TITAN strengthens the case enough to justify what investors are already paying.
I went through that tension in my latest piece:
https://www.insidermonkey.com/blog/palantir-won-a-127-million-army-production-order-and-still-fell-6-is-the-valuation-finally-catching-up-1827355/