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Some People Think This AI Stock Is Evil -- But It Has Been Wildly Successful Financially
Yahoo Finance· 2026-02-18 17:27
Group 1 - Palantir Technologies is at the center of a debate regarding the use of technology by government entities and private-sector contractors to advance national security interests [2] - The company has shown impressive revenue growth, particularly in 2018 and 2019, despite significant losses as it focused on expanding its role in the defense-tech industry [4] - Following its IPO in 2020, Palantir's stock experienced volatility, initially rising to $45 per share before declining to as low as $6 during the bear market of 2022 [5] Group 2 - Palantir's financial performance is crucial for assessing its potential as an investment, despite the surrounding political and ethical debates [3] - The company raised $500 million in new common stock in 2021 to repay debt and cover operating expenses, contributing to downward pressure on its stock price [5]