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Mangeet Kaur Bouns

Is Palantir Technologies a Buy Around $10?

PLTR Palantir Technologies Mangeet Kaur BounsMangeet Palantir Technologies Inc

With a $20.86 billion market cap, Palantir Technologies Inc. (PLTR) builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism operations and investigations. The company has built three principal software platforms: Palantir Gotham, Palantir Foundry, and Palantir Apollo.

Investors have been bearish about PLTR due to its deteriorating financials and extended tech sell-off. Over the past year, the company has witnessed huge losses and struggled to improve margins.

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