nygazet.com logo
Palantir’s Ultra-Expensive Valuation Sparks Worry Into Results
business

Palantir’s Ultra-Expensive Valuation Sparks Worry Into Results

1 min read

The setup ahead of Palantir Technologies Inc. earnings is a familiar one: The stock hovers around a record and boasts the highest price-to-earnings ratio on the S&P 500 Index.

The setup ahead of Palantir Technologies Inc. earnings is a familiar one: The stock hovers around a record and boasts the highest price-to-earnings ratio on the S&P 500 Index. Wall Street has long been leery of Palantir’s runaway valuation. More than... [325 chars]

Read Original Article

Source: Bloomberg

Visit Source

Share this article