Shares of the software company Palantir Technologies (PLTR) are under pressure, closing on Monday down 7.5%. The overall selloff in equities following the China Evergrande (EGRNF) crisis weighed on Palantir stock.  Nevertheless, Palantir shareholders are a happy bunch, as the stock has rallied 165% since it was listed on the exchange on September 2020. (See Palantir Technologies stock charts on TipRanks) The steep growth in Palantir stock is backed by its strong performance metrics that provide increased visibility over future growth. I maintain a bullish outlook on Palantir stock.  The company’s total deal value (TDV) increased 63% year-over-year to $3.4 billion in the first half of 2021.
https://www.tipranks.com/news/article/palantir-stock-whats-in-the-offing-post-179-rally?utm_source=advfn.com&utm_medium=referral
Palantir Technologies (NYSE:PLTR)
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Palantir Technologies (NYSE:PLTR)
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From Jan 2021 to Jan 2022 Click Here for more Palantir Technologies Charts.