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07/06 10:35

Palantir stock crashing has become the story of th

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTX Invites You to Share 600K USDT in Gift Packs Palantir stock crashing has become the story of the year for AI investors, and right now shares sit at $129.30, well off the 52-week high of $207.52 and down 8.75% in the past month alone. A lot of people keep asking why is Palantir stock down after such a long run higher, and the answer comes down to a few things at once: valuation fatigue, a broader stock sell off hitting pricey AI names, and a Palantir stock forecast that basically needs everything to go right for years. At the time of writing, the stock trades with a P/E ratio of 145.68 and a market cap of $309.97 billion, numbers that tell the whole story about why investors are getting nervous.Source: Yahoo FinanceWhy Is Palantir Stock Down As Valuation And Forecast Risks GrowSource: Barchart.comThe business itself has not really been the problem here, which is part of what makes Palantir stock crashing such a strange situation to watch. Revenue climbed 85% year over year last quarter to $1.63 billion, and the company also posted first quarter net income of $871 million, a 53% margin. CEO Alex Karp has been talking up the momentum for a while now.Alex Karp said:“The United States remains the center, the constant core, of our business. And that business is erupting.”That kind of confidence has not stopped Palantir stock crashing, since the bar for the company has gotten extremely high and there is not much room left for things to go wrong.Has Palantir Fallen Out Of Favor With Retail InvestorsA chunk of the Palantir stock sell off seems tied to attention shifting elsewhere. Micron Technology has been pulling retail traders in thanks to surging memory prices, and SpaceX going public also gave investors a shinier, newer story to chase. Palantir’s fundamentals have not really gotten worse, but the appetite among smaller investors does seem to have cooled off some as money rotat

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