Palantir shares are trading lower as the stock pulls back following Tuesday strength. Debt ceiling concerns may also be weighing on risk assets and growth stocks.
Portfolio Pulse from Benzinga Newsdesk
Palantir shares are trading lower due to a pullback following Tuesday's strength and potential debt ceiling concerns affecting risk assets and growth stocks.
May 24, 2023 | 4:44 pm
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Palantir's stock price is trading lower due to market pullback and debt ceiling concerns affecting risk assets and growth stocks.
Palantir's stock price is directly impacted by the market pullback following Tuesday's strength. Additionally, debt ceiling concerns are weighing on risk assets and growth stocks, which include Palantir. This combination of factors is causing the stock price to trade lower in the short term.
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