Why Palantir Stock's Slide Isn't Over
Portfolio Pulse from
Palantir Technologies (NASDAQ: PLTR) experienced a significant rise in 2024 due to AI market enthusiasm and U.S. election optimism. However, in 2025, the stock has declined by 7% year-to-date and 11% in the past week, currently trading at around $68 per share.
January 10, 2025 | 2:00 pm
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Palantir Technologies' stock surged in 2024 due to AI hype and election optimism but has faced a downturn in 2025, with a 7% decline year-to-date and an 11% drop in the past week.
The decline in Palantir's stock price in 2025, following a strong 2024, suggests a correction or market reassessment. The recent 11% drop in a week indicates potential short-term bearish sentiment.
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