Why Palantir Stock Is Sinking Today
Palantir (NASDAQ: PLTR) stock is moving lower in Tuesday's trading. The company's share price was down 5.3% as of 3 p.m. ET and had been off as much as 6.8% earlier in the session.
Palantir's valuation is moving lower today amid a broader pullback in artificial intelligence (AI) stocks, spurred by a new executive order signed by President Donald Trump. As of this writing, the stock is now down roughly 14% year to date.
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Source Fool.com
