Palantir Technologies Inc (NYSE: PLTR) is expected to report first-quarter 2021 earnings on May 11 before the market opens and some options traders are expecting a bearish reaction. When the big data analytics company reported fourth-quarter earnings on Feb. 16, its revenues had grown 40% year-over-year to $232 million.
Palantir Option Traders Are Bearish But The Stock Is Still Holding Support