Palantir Technologies Inc. (NYSE: PLTR) is in focus on Tuesday as the company reported its financial results for the fiscal first quarter. The stock was down about 8% in premarket trading on Tuesday.
Palantir Technologies said its net loss more than doubled in the first quarter despite revenue that beat Wall Street estimates. The company, however, gave better than expected guidance for the fiscal second quarter.
If you want to buy shares of Palantir Technologies after its quarterly earnings report, this guide is for you.
How and where to buy Palantir Technologies stock right now
Buying Palantir Technologies shares after the Q1 results driven dip in its stock this morning requires you to register for an account with a reliable stock broker. After that, you log in to your account and search for the stock ticker ‘PLTR’. Set the number of shares that you wish to own and click on the button that reads “Buy’. Congratulations, you are now a shareholder of PLTR stock.
Choosing a reliable stockbroker to invest in Palantir Technologies stock, however, could be tricky because the internet is flooded with stockbrokers, each charming you into opening an account with them with offers like free trades.
But reliability and a peace of mind that you won’t be scammed out of your money tops all other fascinations. Our team of financial experts, therefore, has picked this one stockbroker that it deems the perfect one to buy PLTR stock.
eToro
Serving online traders successfully for almost fifteen years, eToro is the pioneer of zero-trade commissions. Before going public, it was one of the most valuable private companies in the world. The pioneer of copy trading services, eToro is highly reputable for its reliability in the financial markets. You can buy Palantir Technologies shares safely and conveniently after signing up for an account on eToro at the link below:
ForexTB
ForexTB is another reliable platform to trade stocks online. Not only does it offer a wide range of assets, but it also gives you access to a library of education resources that are aimed at helping you get started and expand your portfolio with smart investments.
If you want to buy PLTR shares right now, ForexTB is a quick and convenient option. Sign up for an account at the link below:
What is PLTR stock?
At the peak, Palantir Technologies traded at £27.59 per share this year, but has since slipped to £13.64 that could be good news for value investors. The current per-share price is even lower than £16.53 per share at which PLTR started the year 2021.
Palantir listed on the New York Stock Exchange last year on October 2nd at a per-share price of £6.50. The big data analytics company performed massively upbeat after its debut gaining close to 150% by the end of 2020.
At the time of writing, Palantir Technologies is valued at £24.25 billion.
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