Skip to main content

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Palantir Technologies Inc. (PLTR) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Palantir Technologies Inc. (“Palantir” or the “Company”) (NYSE: PLTR) investors concerning the Company’s possible violations of federal securities laws.

On May 9, 2022,Palantir released its first quarter 2022 financial results, announcing an adjusted earnings per share of $0.02, compared to analyst estimates of $0.04 per share, which “include[d] a negative $0.02 impact driven primarily by unrealized losses on marketable securities.” The Company also disclosed that government revenue had grown by only 16% year-over-year.

On the news, Palantir’s stock fell $2.02, or 21.3%, to close at $7.46 per share on May 9, 2022, thereby injuring investors.

If you purchased Palantir securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.