Palantir Stock Split Speculation: What Investors Need to Know

Palantir, an AI powerhouse, may announce a stock split soon, potentially boosting its stock price. While stock splits don't directly impact returns, they often precede rallies. If a split occurs, investors should be cautious, as the company's high price-to-earnings ratio makes it vulnerable to corrections. Palantir's shares are currently trading at a P/E ratio of 435, with a 1-year forward P/E ratio of 184.