Loading…
Loading…
See exactly how PTIR's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for PTIR and 80,000+ other tickers.
This Fund aims to deliver daily investment performance that, before accounting for fees and expenses, is equivalent to two times (200%) the daily percentage movement of Palantir Technologies Inc.'s common stock (NASDAQ: PLTR). It is important to note that the Fund cannot guarantee it will consistently achieve this objective. Furthermore, for holding periods extending beyond a single day, investors should not anticipate its cumulative return to directly correspond to twice the cumulative return of PLTR.
If you bought GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) a year ago to double up on Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction), you didn't.
Palantir bears have been losing this argument for years. The stock is up 511% over five years and 33% over the trailing twelve months, yet it still trades at 227 times trailing earnings with a chorus of analysts insisting the math has to break eventually.
The GraniteShares 2x Long PLTR Daily ETF provides 2x daily exposure to Palantir and is highly liquid but only suitable for seasoned traders. PTIR's leveraged structure and use of swaps create significant risk of value decay and deviation from 2x returns if held longer than one day. PLTR's high growth, high beta, and lofty 262x P/E ratio amplify both opportunity and risk for PTIR traders, especially amid AI sector volatility.
GraniteShares 2x Long PLTR Daily ETF (NASDAQ: PTIR - Get Free Report)'s stock price dropped 6.5% during trading on Friday. The stock traded as low as $25.49 and last traded at $24.9990. Approximately 2,934,263 shares were traded during trading, a decline of 68% from the average daily volume of 9,060,883 shares. The stock had previously
Palantir Technologies remains a core holding of mine, but I am not currently seeking leveraged exposure through GraniteShares 2x Long PLTR Daily ETF. PTIR offers 2x daily leverage on PLTR, providing amplified gains and losses, making it suitable only for active, risk-tolerant traders. PTIR is preferred over PLTU for its superior liquidity and lower per-share price, despite a slightly higher expense ratio.