Palantir’s stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs.

The artificial intelligence software provider’s stock has slid more than 15% over the last five trading sessions, after a stellar earnings report earlier this month propelled shares to all-time highs. The report was Palantir’s first-ever $1 billion revenue quarter.

It’s a start, I guess. Keep it up and tank that shit to hell where it belongs.

  • UnderpantsWeevil@lemmy.world
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    4 months ago

    Their P/E is in the 600s. Arguably the most overpriced company by market cap in the country right now. Like, more than three times worse than Tesla.

    They would have to fall a long, long way before they were in the ballpark of “getting fucked”