Is Palantir Stock Going to $200?

Palantir Technologies (NASDAQ: PLTR) stock has lost 30% of its value from its 52-week high that it hit in early November last year, when shares were trading at just over $200.The stock's pullback in recent months is the result of an expensive valuation, as well as the recent sell-off in software stocks following artificial intelligence (AI) start-up Anthropic's launch of a new AI tool that reportedly poses a threat to traditional software companies. But will Palantir stock be able to overcome the recent weakness and reclaim the $200 milestone once again?Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool