Palantir Crashes 30% From a 3-Year High of $125 — What History Says Happens Next

Palantir Technologies emerged as a dominant player in the booming enterprise AI market.Shares of Palantir Technologies (PLTR 1.67%) are up 280% in the past year. Although an impressive run-up, it is still nearly 30% lower than its three-year high of $125 on February 18. The company delivered an exceptionally strong fourth-quarter report on Feb. 3, showing that its revenues rose 36% year over year to $828 million, significantly exceeding the analysts' consensus estimate of $775 million. That top-line growth ...