Too Much Cash can be a Problem. Why Palantir Technologies (NYSE:PLTR) may want to Reinvest More Into Future Growth

This article was originally published on Simply Wall St News

Palantir Technologies ( NYSE:PLTR ) shareholders have done very well over the last year, with the share price soaring by 136%. Even though the company is currently unprofitable, investors are putting a lot of faith in the growth and future value of Palantir. The company just won a US$823m contract from the U.S. Army , and we wanted to examine the cash capacity of the company to withstand expenses until reaching profitability.

Thus,…


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