PLTR valuation concerns and bearish sentiment

3 months ago

Christine Aino

"Well, we got to talk about Pounder. Well, big news today. So pound ticker pltr those shares are down just under 7% 6.9% at the moment as we know they did release their fullear forecast and their third quarter results both are good both beat expectations but again we know that analysts are questioning their valuation RBC makes a good point actually in their analysis of the results so they do remain overwhelmingly US-centric and then the rest of their international portfolio and their performance looks a little stagnant so I think that's contributing to some of those concerns. And then of course they're also in the news because Michael Bur scan asset management disclosed bearish wagers on Palantir as well as Nvidia. Uh this is according to their 13F filings. And you know we know that Bur has been quite critical of um these particular stocks."

The commentary highlights that PLTR shares are down nearly 7% despite strong Q3 results, with analysts questioning its valuation due to a heavy US focus and stagnant international performance. Additionally, bearish bets by Michael Bur Scan add to the caution, suggesting potential downside risks.

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