Cramer Calls Palantir (PLTR) A “Meme Stock” – Is it the Next Gamestop?
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Jim Cramer, host of CNBC's 'Mad Money', referred to Palantir (PLTR) as a 'meme stock', drawing a comparison to the infamous GameStop saga. This label suggests volatility and speculative trading behavior associated with Palantir's stock.
November 27, 2024 | 2:30 pm
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Jim Cramer has labeled Palantir as a 'meme stock', suggesting it may experience volatility similar to GameStop. This could lead to speculative trading and price fluctuations.
Cramer's labeling of Palantir as a 'meme stock' implies it may attract speculative trading, similar to GameStop. This could lead to increased volatility in the short term, but does not necessarily indicate a clear direction for the stock price.
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