Palantir Stock: Bull vs. Bear
Palantir (NYSE: PLTR) has been a much-debated battleground stock since its initial public offering (IPO) a little more than two years ago. While many bulls remain steadfast in their expectations that the stock will go on to deliver incredible long-term performance, thus far, it's the bears winning the valuation argument.
The data analytics specialist's share price has fallen roughly 16% since market close on the day of its IPO, fallen 56% across this year's trading, and is down 80% from its lifetime high.
Will Palantir's stock bounce back and go on to deliver market-crushing returns, or will it continue to fall from current levels and wind up disappointing investors? Read on to see why two Motley Fool contributors come down on opposite sides of the bull versus bear debate surrounding Palantir.
Source Fool.com
