Palantir Stock Slips Despite Upcoming Earnings Growth
• Palantir (PLTR) stock closed down 0.66% today, less than the broader market loss
• PLTR stock has lagged the market over the past month, losing 6% while the S&P gained 4%
• PLTR expected to report strong earnings growth of 100% year-over-year in next report
• Recent positive estimate revisions for PLTR suggest optimism about business outlook
• PLTR valuation remains at a premium compared to technology services industry peers