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Chris Markoch

Palantir’s Latest Deal Could Put a Freeze on Its Stock Price

Palantir Ice PLTR MarketBeat

In its most recent earnings report, Palantir Technologies Inc. (NASDAQ: PLTR) announced that it had signed 139 deals valued at least $1 million. That wasn’t surprising to long-term investors. In its last quarter, Palantir seemed to sign a new deal every other day.

[content-module:CompanyOverview|NASDAQ:PLTR]

That momentum has continued since the earnings report. However, one of Palantir’s latest contract wins focuses on why many investors find the company’s stock hard to stomach. And this reason has nothing to do with its premium valuation.

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