Palantir Stock-Split Chatter Swells as Earnings Date Nears: Will It Happen?

Palantir stock-split chatter swells as earnings date nears: Will it happen?

Rumor has it that Palantir Technologies is poised for a stock split.  An analyst for RBC Capital Markets recently polled investors, who reportedly indicated a desire for the software company to make such a move. “Retail investors are also largely focused on the potential for a stock split, and although this topic decreased quarter over quarter, it remains the most relevant topic,” analyst Rishi Jaluria stated, according to Investor’s Business Da…

Wall Street analyst predicts Palantir stock to crash 76%

A Wall Street analyst is cautioning that Palantir’s (NASDAQ: PLTR) stock price could crash below $50, warning about the sustainability of the current momentum. Specifically, RBC Capital analyst Rishi Jaluria on October 28 reiterated an ‘Underperform’ rating on Palantir, setting a price target of $45, a potential downside of roughly 76% from the current trading price of $188. PLTR one-week stock price chart. Source: Finbold The warning comes ahea…