Palantir Earnings Reaction Falls Short

2 months ago

Speaker 1

"Can you say more about Palunteer presenting itself? So, Palunteer puts up an earnings report that uh had they done so over this past summer, for example, or last spring, would have been greeted with probably an instant 20% rally that then sticks. This time, they put out another blowout number, have a great conference call, CEO tells everybody to go to hell, who wants to short his stock, etc., etc., and the stock doesn't work. That is that is that what you mean by that?"

The speaker criticizes the market's reaction to Palantir's (referred as Palunteer) recent earnings report. Despite delivering a blowout performance and an aggressive conference call, the stock failed to rally as expected, highlighting a disconnect between strong fundamentals and price action.

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