Palantir, PLTR stock and Price Level
Digest more
Nvidia, Palantir and Wall Street
Digest more
Stocks traded mostly lower Wednesday as a selloff in technology names continued and number of big-name retailers reported quarterly earnings. Wall Street also parsed the minutes from the latest Federal Reserve meeting,
Palantir ( PLTR -5.81%) stock is getting hit with another substantial round of sell-offs Wednesday on the heels of a big valuation pullback in yesterday's trading. The artificial intelligence ( AI) leader's share price was down 7% as of 11:15 a.m. ET and had been down as much as 9.8% earlier in trading.
Palantir stock continues to sink as investors pull back more broadly from AI stocks due to valuation concerns. Here’s why PLTR shares are not worth buying on the dip.
Palantir stock sinks below a key technical level, extending a steep two-day drop. History suggests buying the dip could pay off—big.
Palantir stock (NASDAQ: PLTR) took a sharp hit on Wednesday, falling about 7% as high-valuation tech stocks pulled back across the market. The AI and data analytics company had hit record highs earlier in the month,
Palantir Technologies was the worst performer in the S&P 500 on Tuesday, with the stock continuing to surrender gains following a blowout earnings report earlier this month.
Enterprise software stocks were lower on Tuesday as traders awaited further catalysts in the sector and looked towards the end of the week. Read for more.
Palantir stock slides 14% from peak as valuation fears, weak commercial growth, and AI reset weigh on sentiment.