Is Palantir's Stock Too Risky?
Palantir (NYSE: PLTR) has taken investors on a wild ride since its direct listing last September. Unfortunately, investors who chased Palantir were burned when the stock price plunged back to the low $20s. Gotham mainly serves U.S. government agencies -- including the military, the CIA, the FBI, and ICE -- and plans to become the "default operating system for data across the U.S. government."