History Says Palantir Stock Has a 79% Chance of Dropping 25% or More Within a Year
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Palantir Technologies, a new member of the S&P 500, has a historical 79% chance of experiencing a 25% or more drop in stock price within a year. This trend is common for new S&P 500 entrants.
November 15, 2024 | 10:30 am
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Palantir Technologies, recently added to the S&P 500, has a 79% historical probability of its stock price dropping by 25% or more within a year. This is a common occurrence for new S&P 500 members.
The article highlights a historical trend where new S&P 500 members, like Palantir, often see significant stock price declines. This suggests a high likelihood of a similar pattern for Palantir, impacting investor sentiment negatively.
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