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Why Palantir Stock Continued to Plunge Today


Palantir Technologies (NASDAQ: PLTR) has been a big winner for investors over the past year. Some shareholders are now cashing in. The stock has been plummeting over the past two weeks, and that trend continued today.

Shares of the artificial intelligence (AI) software company dropped as much as another 6% Monday morning. Even after paring some of that decline, shares are lower by 16% over a two-week span, including the 1.6% drop as of 12:30 p.m. ET today.

Image source: Getty Images.

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Source Fool.com

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