Palantir Technologies Inc. (NYSE:PLTR – Get Free Report) dropped 3.3% on Wednesday after an insider sold shares in the company. The company traded as low as $40.36 and last traded at $41.01.
Every four years, investors consider how the outcome of the presidential election will impact their lives and their investments. Broadly speaking, the market tends to do well during election years.
It’s worth noting that just two years ago, its Data Center revenue for the same period was only $3.8 billion. On the other hand, Palantir is an enterprise software company, specializing in data ...