Palantir: Taking Over The World (NYSE:PLTR)

Scott Olson Palantir Technologies Inc. (NYSE:PLTR) is taking over the world, and you’re worried about one earnings announcement? Instead of posting a small profit of three cents per share, Palantir reported a loss of one cent per share. Many investors did not take the news well, and Palantir ended Monday’s session down by about 14%. Additionally, Palantir dropped by another 8% by late Tuesday’s session. PLTR (StockCharts.com) Moreover, Palantir’s stock is still down by about 80% from its ATH, floating around its IPO price from almost two years ago.