Shares & Derivatives
Palantir Goes On Huge Sale After Reporting Huge Growth in FY2020
By sgstockmarketinvestor  •  February 28, 2021
Palantir is definitely the new talk of the town with all the hype surrounding it thanks to r/wallstreetbets and analysts rating and rerating the stock over and over again. Palantir has recently released its FY2020 results and it is very promising but, the stock price has since seen a huge dip from its all-time highs. This has definitely caused some anxiety to investors who invested. Let’s take a deep dive into what happened to Palantir and whether or not it is still a good buy. Read Also: Palantir (NYSE: PLTR) – The Most Mysterious And Intriguing Tech IPO in 2020 Fantastic Revenue Growth Jumping right into the revenue segment, we can see fantastic growth year on year. The Q4 revenue grew 40% while the FY2020 revenue grew 47%. It’s also good to note that Palantir has crossed US$1B in revenue which is a pretty big achievement....
Read the full article
By sgstockmarketinvestor
Hey there! I’m Gavin! No I didn’t study in a business/finance school, neither do I have any background in business/finance. I did take POA in my secondary school but that’s about it. This is just my website where I share stock analyses as well as my journey in investing. Do take note that whatever I share is not a buy or sell call, and is purely just me sharing my thoughts. If you like what I do, please do support me by visiting and sharing my page often whenever I post my stock analyses.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance