Motley Fool
Why Palantir Stock Is Sinking Today
Palantir (NYSE: PLTR) stock is losing ground again on Monday. Meanwhile, the S&P 500 index was down roughly 1%, and the even more tech-heavy Nasdaq Composite index was down roughly 1.2% as of 2 p.m. ET. Palantir has gotten hit hard as the market has become more cautious about heavily growth-dependent stocks, and more volatility could be in the cards if risk-heavy investments continue to fall out of favor.
