MarketWatch reports Palantir’s worst stock slump since February
MarketWatch says Palantir’s rich valuation multiple is under pressure again after a strong postearnings rally in August.
TLDR
MarketWatch said on September 2 that Palantir’s stock was suffering its worst slump since February. The publisher describes renewed pressure on the stock’s rich valuation multiple after a strong postearnings rally in August, and says bond yields and Google may be to blame for the slump.
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