Palantir CEO has a simple reason company’s stock draws Reddit crowd: ‘We respect the intelligence and the rigor of what is typically called individual investors’

Alex Karp, chief executive of Palantir, on Wednesday said the company respects the retail crowd, which has been mostly bullish on its stock, just as much as it appreciates institutional investors.

“We speak [in] clear English about what we are going to do…because of that we respect the intelligence and the rigor of what is typically called individual investors,” Karp said. Shares of Palantir Technologies PLTR, +1.27% were up 1.6% on Wednesday and have climbed 24% in the past 30 days but only 5.3% in the year to date, FactSet data show.

An outspoken executive, Karp also said that Wall Street analysts tend to poorly understand the company, often in an effort to label it.

🤥

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

NBCUniversal CEO says Tokyo Olympics could be most profitable ever for companyNBCUniversal Chief Executive Jeff Shell said on Monday that the upcoming Tokyo Games could be the most profitable Olympics in NBC’s history. I'm sorry but, The athletes who are going to the Tokyo Olympics are selfish devils who don't care what happens to others for their own benefit. we Japanese people hate them very much and we Japanese citizens are very annoyed by the Olympics. Do not come to Japan. NBCUniversal So how much is it worth per infected person that dies after the Pandemic Games?
Källa: Reuters - 🏆 2. / 97 Läs mer »