Axonix Stock Hits 52-Week High on Buyout Buzz
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Subscribers to Chart of the Week received this commentary on Sunday, December 31. The past 12 months on Wall Street showed an unexpected level of resilience...
<p><strong>Palantir Technologies Inc (NYSE:PLTR) </strong>is 1.8% lower to trade at $15.86 this morning, after Jefferies downgraded the stock to "underperform" from "hold." The Wall Street analyst said the company's near-term <strong><a href="https://www.schaeffersresearch.com/content/news/2023/08/31/analyst-is-palantir-stock-the-right-ai-play" target="_blank">artificial intelligence (AI)</a></strong> lead is overhyped, and PLTR's resulting surge on the charts puts it at "unsustainable valuation levels."</p> <p>Options...