Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after Defense Secretary Pete Hegseth ordered the Pentagon to slash its $850 billion budget by 8%, or about $50 billion.
Planned cuts to defense spending sparked a sell-off for Palantir stock that has continued into this week. Shares have tumbled ...
Palantir stock was falling again early Monday after shares slumped last week in response to concern over potential cuts to ...
Palantir stock extended its slide over ongoing concerns of potential Pentagon budget cuts impacting the software company's ...
Palantir (PLTR) stock continues its decline Monday afternoon following Defense Secretary Pete Hegseth's proposal to implement ...
Could Palantir Technologies stock (NASDAQ: PLTR) drop to $60 in the near future from its current price above $120? Does this ...
Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.
Shares of Palantir are now trading more than 25% lower than their highs posted just last week. This stock has been a staple of our Five Stocks Watchlist for more than a year due to the company’s ...
Nike ( NKE) was the best-performing stock in the Dow and S&P 500 when Jefferies upgraded the stock and raised the price ...
Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold ...
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