Will Palantir Make Money? — Market Mad House
Shares of the year’s strangest and most controversial initial-public offering (IPO) Palantir Technologies Inc. (NYSE: PLTR) are trading.
Even Palantir’s IPO sowed confusion. Some investors could not tell if Palantir started trading, Bloomberg claims. Palantir confused investors by using the rare direct listing process instead of traditional IPO.
Palantir (PLTR) began trading at 1:38 pm on 7 October and stopped around 3:30 PM the same day, Bloomberg claims. Regular trading began a few days later. Some investors claim they could…