Palantir slips as investors question AI pricing, contracts
Palantir Technologies Inc. heads into the week with the same doubts trailing it. The company is putting up fast growth, but PLTR trades like mistakes aren’t allowed. Shares closed at $127.99 on Nasdaq Friday, down 2.36%. Its price-to-earnings ratio early Monday was around 144. That’s high, and it means the stock is priced for a lot of future success. After hours Friday, MarketWatch had it quoted at $128.22, barely changed.