PLTR, SPCE, PLNT, MTCH: Unstable Markets Causing Downward Trends That Are Hard To Recover From

Palantir (PLTR) stock is down and hasn’t had an uptick throughout the year, says Alex Coffey. He and Oliver Renick discuss PLNTR as its earnings were released recently. They go over how we are seeing more money flow into energy and consumer staples as they are seemingly more stable. They also mention other software stocks such as Splunk (SPLK), Adobe (ADBE), and NetEase (NTES). They then talk about Virgin Galactic (SPCE) and how a Trust Analyst sees supply chain and labor tightness potentially leading to additional slippage of commercial operations. Next, they talk about Planet Fitness (PLNT) and how an analyst sees it benefiting from two key trends in consumer spending, and Match Group (MTCH) whose valuation is being destroyed as the pandemic recedes. Tune in to find out more.