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Why Palantir Technologies Stock Crashed on Thursday

TheMotleyFool

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After defying gravity for much of the past few years, Palantir Technologies (NASDAQ: PLTR) is finally coming back to earth, with the stock falling as much as 6.7% on Thursday. As of 2:00 p.m. ET, the stock was still down 5%.

The catalyst that sent the data mining and artificial intelligence (AI) specialist lower was a bearish prediction by a well-known investor.

Image source: Getty Images.

Source Fool.com

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