Palantir Stock Crashes Over 20% On Q1 EPS Miss! Should You Go Bottom Fishing For PLTR Stock?

Palantir (PLTR) is facing a sharp sell-off after the software-based data analytical company's posted its second-straight earnings miss for Q1. Palantir has slid roughly 60% in 2022, dipping significantly below its opening price of $10 per share in September 2020. The strong selling pressure comes from two places, its Q1 earnings miss, and from the company's secrecy. Palantir’s CEO even said on the earnings call that PLTR is playing a much bigger role than it’s allowed to mention or would ever discuss in public and that the company would love to someday discuss precisely what it’s doing. What do you think about Palantir's earnings report?

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