Palantir Technologies Inc. Class A Common Stock

At the peak P/S multiple (~68x), Palantir $PLTR revenue grew from ~$1.12B to ~$2B but P/S crashed to 9x.

Share price went down from ~$39 to ~$10.

The price we pay matters.
![Image upload](https://cdn.commonstock.com/c818da548f5de8406b66f9a1d6ff6887f7a53d4f15c697806185356853664622-2400x1240.png)

Sometimes this phenomenon points to an opportunity though!

Consider $MELI.

Since December 2020, MercadoLibre's P/S has gone from 25x to 5.8x while FCF went from $935M to $3.6B and the share price went from $1700 to $1300!

![Image upload](https://cdn.commonstock.com/4eedfe69ebe5e848031a09587d2fef1edd6deaf6d05b9b5039696f72c7a638b6-1200x790.png)

Joshua Simka

Multiple contraction is a b*tch ( $PLTR as an example )

This member is verified by the Commonstock team based on their contributions to the Commonstock community. 