Part 1/5:
Palantir's Meteoric Rise and Volatility: A Long-Term Perspective
Palantir (ticker: PLTR) has been on a wild ride lately, hitting an all-time high of $66 before dropping around 10% over the past 24 hours and another 3% in pre-market trading. While the day-to-day price swings can be concerning, it's important to maintain a long-term perspective when investing in a stock like Palantir.
"It's very hard for me to come on here and make up a reason why Palantir is down 10% in the past 24 hours. The short-term markets can be irrational, and you don't have to find a reason for any irrational day-to-day swing in the stock price, especially a stock like Palantir which is known to be volatile."