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Is Palantir Stock a Buy Now?

·4-min read
Is Palantir Stock a Buy Now?

Palantir's (NYSE: PLTR) stock price tumbled 14% on Aug. 8 after the data mining firm posted its second-quarter earnings report. Its revenue rose 26% year over year to $473 million, which exceeded analysts' estimates by about $1 million but represented its slowest quarterly growth rate since its public debut in 2020.