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Palantir Beat Estimates And Raised The Bar. Why Did Shares Fall?
Bellwether Stocks Movement11-03 09:49
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- romanc9·11-03 18:59Analysts talk nonsenses. If all remembered, the last few years, they said over value because heavily depended on gov contracts, commerical contracts no impressed. Then report show on the following earning that commerical was increasing but still a dependent businesses on gov contracts, what happened if gov reduces spending, that is what they mentioned. They beat the stock down saying over value.. Now the commerical businesses increase more than gov contracts, and they said globally businesses not strong enough.. My personal view is that they know is a good stock and with the earning growth for the passed 1 to 2 yrs, they wanted more of pltr in their portfolios, but refused to pay for the shares now, so beat down to a certain level, they will come in to buy and say something nice.. bi1Report