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Barchart
Barchart
Yiannis Zourmpanos

Dear Palantir Stock Fans, Mark Your Calendars for June 30

Palantir Palantir Stock United States

Palantir Shares (PLTR) have rallied more than 50% over the last three months and touched a new all-time high of $134.48 today, June 2. However, as the firm enters the large-cap universe, new turbulence is likely to ensue. 

Trivariate Research has marked Palantir as an “extreme outlier” in value, one of the most pricey stocks the firm has covered in 25 years. With S&P Global index rebalancing planned for June 30, institutional investors can now take advantage of the window to cut their exposure, which can lead to rotational flows out of the name. 

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