The data analytics company’s stock had climbed approximately 30% following Monday’s exceptional Q2 results before losing steam on Wednesday. Palantir Technologies Inc., PLTRThe company’s second-quarter top line totaled $1.94 billion, marking a 92.8% jump from the same period last year and exceeding Wall Street’s $1.81 billion projection. The aggregate analyst sentiment remains at “Moderate Buy” with an average price target of $190.73. Cathie Wood’s ARK offloaded roughly $6.4 million in PLTR shares following the earnings-related price surge. From a valuation perspective, PLTR currently trades at a price-to-earnings multiple near 135 with a market capitalization approaching $380 billion.