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Prices swing far more than businesses do. In December 2022 the market priced Palantir at $6.42
29xfrom that low to October 2026
- $6.42, Dec 2022
Month-end share prices since Palantir listed in September 2020. Source: Nasdaq
Why it matters
The business kept growing while the price fell 82%. Mr Market is still wrong most of the time: own great businesses and use his mistakes.
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