Palantir, PLTR and OpenAI
Digest more
Hosted on MSN13h
Short-Sellers Earn Billions on Palantir’s (PLTR) Plunge
AI software firm Palantir Technologies (PLTR) has seen its stock drop for six straight sessions to wipe out $73 billion in market value. The stock is now down over 17% from its record high on August 12, making this its worst week since the tariff-driven ...
Trading in Palantir shares was subdued on Thursday, coming after Wednesday's sharp reversal in price action. The stock has been named our "Stock of the Day" after forming a classic hammer pattern on the chart — a bullish signal that often points to potential upside ahead.
Palantir shares tumbled Tuesday afternoon, extending recent losses as a high-profile short seller fueled worries the stock could be overvalued after a strong run earlier this year.
Palantir Technologies has created one of the most dramatic stories on Wall Street this year, defying conventional investment narratives. In 2025, it became the top-performing stock in the S&P 500, surging over 106% and at points climbing 144% from the start of the year—outpacing even AI heavyweights like Nvidia.
Palantir Technologies Inc (NASDAQ:PLTR) shares are trading lower Wednesday as the stock continues to pull back following a strong run in recent weeks. Here's what you need to know.
Palantir Technologies (NASDAQ:PLTR) has shed $73 billion in market value over a six-session slide, offering a rare boost to short sellers who’ve struggled against one of Wall Street’s top performers this year.
In recent days, Palantir's stock has been showing signs of slowing down. After hitting a new all-time high of $190 on Aug. 12, it has proceeded to trade lower. By Monday, the AI stock would close at just over $174 -- down 8% from its recent high.
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed. Palantir Technologies Inc. (NASDAQ:PLTR) is a data analytics company whose shares have run into a bit of trouble recently. They have lost a whopping 16.6% over the ...
Palantir stands out with its scalable AI impact, unique Ontology platform, and defensible moat. Read why I think PLTR stock is a buy-on-pullback opportunity.
As Palantir drops 15%, tech bull Dan Ives calls the selloff a healthy buying opportunity and sees massive long-term upside for the AI leader.
Aug 21 - Palantir Technologies ( NASDAQ:PLTR) lost roughly $73 billion in market value over a six-session slide, a sharp reversal after its Aug. 12 record high. Shares fell more than 17%, producing about $1.6 billion in profits for short sellers, Bloomberg reported using S3 Partners data.