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Benzinga

Business

Melanie Schaffer

Why Palantir Shares Must Hold This Key Level To Avoid Further Disaster

Palantir NYSE Palantir Technologies

Palantir Technologies, Inc (NYSE:PLTR) was trading down over 11% Thursday after suffering a bearish reaction to mixed fourth-quarter financial results.

Palantir reported quarterly EPS of 2 cents per share, which missed the consensus estimate of 4 cents per share. The company reported quarterly sales of $432.87 million, however, which beat the analyst consensus estimate of $417.69 million by 4%.

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One subscription that gives you access to news from hundreds of sites

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Arizona rejects 3,000-acre data centre plan near Eloy despite scaled-back design

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