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Palantir Technologies (PLTR) just delivered what CEO Alex Karp called a “truly iconic” performance in its Q4. The stock briefly popped after the company crushed Wall Street estimates and issued 2026 guidance that feels more like science fiction than reality.
But as a risk manager, you have to look past the post-earnings glow. While the rally was impressive, the stock is fighting a multi-year history of volatility and a valuation that puts it in a category of one — for better or worse.