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BUSINESS; Was Palantir ready for its debut? Some think not

Oct 05, 2020 - Los Angeles Times

A listing date that moved twice, a company known for parsing data that couldn't find some of its own shareholders, and a complicated twist on an already unfamiliar route to market. Palantir Technologies Inc.'s direct listing had everything -- and left some shareholders wondering whether the 17-year-old company was really ready to go public.

Palantir started trading Wednesday, choosing to run a seldom-tested direct listing process instead of a traditional initial public offering. Its shares...