Should Investors Worry About Palantir's Lockup Expiration?

Should Investors Worry About Palantir's Lockup Expiration?

Palantir's (NYSE: PLTR) stock has roughly tripled since its direct listing last September. The market's interest in the data mining firm was tepid at first, but the stock soared after it posted impressive third-quarter numbers in November and secured new government and private sector contracts. Investors are probably already familiar with the first two points, but the lock-up expiration might be a confusing issue for investors.