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Palantir Technologies (PLTR) stock is down today after its Q1 results yesterday. However, investors can take advantage of this weakness. After all, PLTR stock has been treading water in a range for the past 3 months. It is now at the low end of that range.
PLTR stock is trading for $21.65 today, down over 14% from the prior close. This is well below the average price over the last three months of about $23.00.