Alexander Carp, CEO of Palanter, is interviewed in 2019. Photo: Andrew Herrer / Bloomberg News September 30, 2020 at 2:08 pm and ET Palantier Technologies Inc. PLTR 51.38% The stock was trading at 10 dollars at the start of its trading on the New York Stock Exchange, which valued the …
Read More »Palantier is expected to cost around 22 22 billion in its trading debut.
In the latest sign of investors ’bad appetite for new shares, Palantier Technologies Inc. Despite an unusually aggressive governance structure, the transition to public company is expected to receive a high appraisal. The data-mining-software software expert is directing the traditional IPO route and revealing it by direct listing, in which …
Read More »This chart signal says stop buying megacap technology stocks
The recent pullbacks in megacapitalization technology sto g have now been long enough and have gone so far that they have triggered chart signals warning investors not to sink these stocks in too little time. Chart indicators shine through the widely followed 50-day simple moving average, which serves as a …
Read More »The IPO is like 1999: Snowflake and other cloud-software software stocks popping up market hitting dot-com-boom level
As the importance of cloud software has grown in the global epidemic, cloud-software software companies have become the most spectacular example of the dot-com-boom level of early public offerings – and beyond. Two cloud-based software software companies made their debuts on Cloud Street on Wednesday, virtually ringing bells on their …
Read More »The increase in Snowflake IPO makes it a pricey tech stock by a mile
Snowflake shares began trading on the New York Stock Exchange on Wednesday. NYSE Snowflake Inc. The record’s initial public offering gives the company an eye-popping appraisal that looks cheap to other obscure technology names by comparison. Snowflake share, + 111.60% The company rose 111.6% in Wednesday’s session after making the …
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