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HAPY - Palantir Tanks Following Earnings Miss: Everything You Need To Know
May, 09 2022 04:25 PM
Harbor Corporate Culture Leaders ETF
Palantir Technologies slightly missed the adjusted EPS estimate. Its shares plunged by more than 20%, making PLTR hit a new 52-week low. Underlying results were not bad at all: More customers, more revenue, higher margins, and less dilution are some of the positive trends. The sales multiple does not look too demanding any longer, but market sentiment isn't helpful for tech growth stocks such as Palantir. For further details see:
Palantir Tanks Following Earnings Miss: Everything You Need To Know
Stock Information
Company Name:
Harbor Corporate Culture Leaders ETF
Stock Symbol:
HAPY
Market:
NYSE
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