Palantir Stock: This One Could Require Some Patience

Palantir Stock: This One Could Require Some Patience

Palantir Technologies (PLTR), which is a top provider of analytics and AI (artificial intelligence) services and technology, saw its stock drop ten days in a row prior its earnings report this past week.

Of course, this is nothing new for high-growth stocks lately. Wall Street has been dumping most of these securities.

Palantir stock did get some relief when it reported its Q1 results on May 11. On the news, shares jumped nearly 10% to $20.21.