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home / news releases / KMI - Why Is Palantir Stock Dropping And Will It Recover?


KMI - Why Is Palantir Stock Dropping And Will It Recover?

  • Palantir's stock has lost as much as 38% of its value this year and 57% from its November peak.
  • The latest Palantir sell-off follows broader market declines that pushed the S&P 500 and tech-heavy Nasdaq 100 into correction territory last month.
  • Markets have been extremely volatile since the Omicron variant outbreak in late November. And mounting macroeconomic headwinds stemming from an increasingly hawkish Fed have only worsened investors' angst.
  • Yet, Palantir has continued to demonstrate a strong flow of both commercial and government deals throughout the fourth quarter and into the new year, which supports its growth outlook as well as its already-positive operating cash flows.
  • Paired with its advanced technological competencies, Palantir remains well-equipped for capitalizing on growing data-driven opportunities ahead, making it an attractive long-term investment at current price levels.

For further details see:

Why Is Palantir Stock Dropping And Will It Recover?
Stock Information

Company Name: Kinder Morgan Inc.
Stock Symbol: KMI
Market: NYSE
Website: kindermorgan.com

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