Palantir experienced a decline

2023-06-20

Palantir experienced a decline of over 3% in premarket trading is attributed to Faraday Future’s situation. Faraday Future, an electric vehicle (EV) manufacturer, went through a merger with a special purpose acquisition company (SPAC) to become a publicly traded company. As part of the merger, Palantir made an investment in Faraday Future through the Private Investment in Public Equity (PIPE) portion. However, Faraday Future encountered challenges, including the need for a reverse stock split (consolidating existing shares) and delays in delivering their electric vehicles. These circumstances have had a negative impact on Faraday Future’s prospects, which in turn influenced the stock performance of Palantir. Overall, Palantir’s stock decline can be attributed to the difficulties faced by Faraday Future.

Palantir Fell Over 3% in Premarket Trading Because of Faraday Future’s Predicament

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Comments

vippy
2023-06-25
vippy
If you can rely on everything that Alex Karp stated over the past month there's no reason that Palantir shouldn't be $30 a share by the end of the year if not higher.
zinglee
2023-06-25
zinglee
I'm not surprised seeing her testimony here, I have been seeing her testimony on the youtube channel and Facebook, the woman must be perfect for people to be saying this good about her.
nimbly
2023-06-25
nimbly
I'm seeking for a more effective investment📉📉📉📉 approach How good is this person at portfolio diversification, particularly with regard to digital assets?
bubblyx
2023-06-25
bubblyx
Downgrades coming. Question now is do you sell at $13 or wait until it drops to $8 and then sell?
frosti
2023-06-25
frosti
My thoughts if market turns around and are close to report quarter think stock be near 17 . May break 20 by sept
wigglyz
2023-06-25
wigglyz
..,like I said for the 3rd time now, 600% earnings growth this quarter!!!! "Unprecedented" 🚀

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Faraday Future, an electric vehicle (EV) manufacturer, went through a merger with a special purpose acquisition company (SPAC) to become a publicly traded company. As part of the merger, Palantir made an investment in Faraday Future through the Private Investment in Public Equity (PIPE) portion. However, Faraday Future encountered challenges, including the need for a reverse stock split (consolidating existing shares) and delays in delivering their electric vehicles. These circumstances have had a negative impact on Faraday Future’s prospects, which in turn influenced the stock performance of Palantir. Overall, Palantir’s stock decline can be attributed to the difficulties faced by Faraday Future.</body></html>","htmlText":"<html><head></head><body>Palantir experienced a decline of over 3% in premarket trading is attributed to Faraday Future’s situation. Faraday Future, an electric vehicle (EV) manufacturer, went through a merger with a special purpose acquisition company (SPAC) to become a publicly traded company. As part of the merger, Palantir made an investment in Faraday Future through the Private Investment in Public Equity (PIPE) portion. However, Faraday Future encountered challenges, including the need for a reverse stock split (consolidating existing shares) and delays in delivering their electric vehicles. These circumstances have had a negative impact on Faraday Future’s prospects, which in turn influenced the stock performance of Palantir. Overall, Palantir’s stock decline can be attributed to the difficulties faced by Faraday Future.</body></html>","text":"Palantir experienced a decline of over 3% in premarket trading is attributed to Faraday Future’s situation. Faraday Future, an electric vehicle (EV) manufacturer, went through a merger with a special purpose acquisition company (SPAC) to become a publicly traded company. As part of the merger, Palantir made an investment in Faraday Future through the Private Investment in Public Equity (PIPE) portion. However, Faraday Future encountered challenges, including the need for a reverse stock split (consolidating existing shares) and delays in delivering their electric vehicles. These circumstances have had a negative impact on Faraday Future’s prospects, which in turn influenced the stock performance of Palantir. 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The latter planned a reverse stock split and delayed EV deliveries.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Fell Over 3% in Premarket Trading Because of Faraday Future’s Predicament</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Fell Over 3% in Premarket Trading Because of Faraday Future’s Predicament\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2023-06-20 17:18\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> fell over 3% in premarket trading because of Faraday Future’s predicament.<img src=\"https://static.tigerbbs.com/7c8097e229c2217496e60a39d53093f1\" tg-width=\"921\" tg-height=\"618\"/>Palantir&#39;s investment was part of the so-called Private Investment in Public Equity (PIPE) portion of the merger with a special purpose acquisition company (SPAC) that made Faraday Future public. The latter planned a reverse stock split and delayed EV deliveries.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159819707","content_text":"Palantir Technologies Inc. fell over 3% in premarket trading because of Faraday Future’s predicament.Palantir's investment was part of the so-called Private Investment in Public Equity (PIPE) portion of the merger with a special purpose acquisition company (SPAC) that made Faraday Future public. The latter planned a reverse stock split and delayed EV deliveries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":697,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106446110,"commentId":"106446110","gmtCreate":1687688658993,"gmtModify":1687688671678,"authorId":9000000000000339,"author":{"id":9000000000000339,"idStr":"9000000000000339","authorId":9000000000000339,"name":"vippy","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":758030046068912,"objectIdStr":"758030046068912","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"If you can rely on everything that Alex Karp stated over the past month there's no reason that Palantir shouldn't be $30 a share by the end of the year if not higher. ","text":"If you can rely on everything that Alex Karp stated over the past month there's no reason that Palantir shouldn't be $30 a share by the end of the year if not higher. ","html":"If you can rely on everything that Alex Karp stated over the past month there's no reason that Palantir shouldn't be $30 a share by the end of the year if not higher. ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":106446107,"commentId":"106446107","gmtCreate":1687688598440,"gmtModify":1687688604600,"authorId":9000000000000340,"author":{"id":9000000000000340,"idStr":"9000000000000340","authorId":9000000000000340,"name":"zinglee","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":758030046068912,"objectIdStr":"758030046068912","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I'm not surprised seeing her testimony here, I have been seeing her testimony on the youtube channel and Facebook, the woman must be perfect for people to be saying this good about her.","text":"I'm not surprised seeing her testimony here, I have been seeing her testimony on the youtube channel and Facebook, the woman must be perfect for people to be saying this good about her.","html":"I'm not surprised seeing her testimony here, I have been seeing her testimony on the youtube channel and Facebook, the woman must be perfect for people to be saying this good about her.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106446115,"commentId":"106446115","gmtCreate":1687688761712,"gmtModify":1687688768247,"authorId":9000000000000342,"author":{"id":9000000000000342,"idStr":"9000000000000342","authorId":9000000000000342,"name":"nimbly","avatar":"https://static.tigerbbs.com/2a5f2c7d7652e6711ec37ca005bc8b25","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":758030046068912,"objectIdStr":"758030046068912","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I'm seeking for a more effective investment📉📉📉📉 approach How good is this person at portfolio diversification, particularly with regard to digital assets?","text":"I'm seeking for a more effective investment📉📉📉📉 approach How good is this person at portfolio diversification, particularly with regard to digital assets?","html":"I'm seeking for a more effective investment📉📉📉📉 approach How good is this person at portfolio diversification, particularly with regard to digital assets?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106446109,"commentId":"106446109","gmtCreate":1687688646571,"gmtModify":1687688652852,"authorId":9000000000000343,"author":{"id":9000000000000343,"idStr":"9000000000000343","authorId":9000000000000343,"name":"bubblyx","avatar":"https://static.tigerbbs.com/c1c41413fd02f1b5e8685210b6b0bff0","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":758030046068912,"objectIdStr":"758030046068912","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Downgrades coming. Question now is do you sell at $13 or wait until it drops to $8 and then sell?","text":"Downgrades coming. Question now is do you sell at $13 or wait until it drops to $8 and then sell?","html":"Downgrades coming. Question now is do you sell at $13 or wait until it drops to $8 and then sell?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106446112,"commentId":"106446112","gmtCreate":1687688712886,"gmtModify":1687688719054,"authorId":3479274802455671,"author":{"id":3479274802455671,"idStr":"3479274802455671","authorId":3479274802455671,"name":"frosti","avatar":"https://static.tigerbbs.com/8d59e7c960eef6f97257cc799768d81e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":758030046068912,"objectIdStr":"758030046068912","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"My thoughts if market turns around and are close to report quarter think stock be near 17 . May break 20 by sept ","text":"My thoughts if market turns around and are close to report quarter think stock be near 17 . May break 20 by sept ","html":"My thoughts if market turns around and are close to report quarter think stock be near 17 . May break 20 by sept ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106446113,"commentId":"106446113","gmtCreate":1687688726692,"gmtModify":1687688732964,"authorId":3479274725915373,"author":{"id":3479274725915373,"idStr":"3479274725915373","authorId":3479274725915373,"name":"wigglyz","avatar":"https://static.tigerbbs.com/11f0390f4344fa15e794478b64ee460f","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":758030046068912,"objectIdStr":"758030046068912","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"..,like I said for the 3rd time now, 600% earnings growth this quarter!!!! \"Unprecedented\" 🚀","text":"..,like I said for the 3rd time now, 600% earnings growth this quarter!!!! \"Unprecedented\" 🚀","html":"..,like I said for the 3rd time now, 600% earnings growth this quarter!!!! \"Unprecedented\" 🚀","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/758030046068912"}