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Why Palantir Stock Was Sinking Today

TheMotleyFool

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Palantir (NYSE: PLTR) stock fell again on Monday. The data analytics' specialist's share price closed out the daily session down roughly 5.8%.

Palantir actually announced a new partnership today, but investors selling out of growth-dependent stocks caused the company's share price to lose ground. The S&P 500 closed out the day down roughly 1.1%, while the even more tech-heavy Nasdaq Composite index was down 1.2% in the session.

Image source: Getty Images.

Source Fool.com

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