Shares of Palantir Technologies ( PLTR -8.21%) are trading lower on Monday. The company's stock lost 8.4% as of 11:50 a.m.
The big-data analytics company’s latest rally has lifted its valuation to 75 times the $3.75 billion in sales that analysts forecast for this year.
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24/7 Wall St. on MSNPalantir Has Lost 25% Of Its Value in the Last Week – What You Need to KnowPalantir Technologies (NASDAQ:PLTR) has been one of the most richly-valued stocks in the stock market. The stock delivered ...
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