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PLTR Stock, Up Over 80% In The Past Two Months, Trades Nearly 5% Lower In Friday Premarket After UBS Says 'Valuation…Is Simply Tough To Get Over' - Palantir Technologies (NASDAQ:PLTR)

Summary by Benzinga
Palantir Technologies Inc (NASDAQ:PLTR), which has seen a notable rise in its stock price over the past two months, is now facing a downturn in Friday pre-market trading. What Happened: Palantir Technologies Inc (NASDAQ:PLTR) saw a significant rise of over 78% in the last two months. However, data from Benzinga Pro showed that on Friday the stock fell by 3.62% during pre-market trading. This decline follows the initiation of coverage by UBS anal…

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CNBC broke the news in United States on Wednesday, December 18, 2024.
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