Why Palantir Stock Is Sinking Today

Palantir (NASDAQ: PLTR) stock is moving lower again in Wednesday's trading. The company's share price was down 4.5% as of 2:50 p.m. ET despite a bullish backdrop for the broader market. The S&P 500 was up 0.7% at the same point in the session, and the Nasdaq Composite was up 1.4%. Stocks are rebounding after big sell-offs in yesterday's trading, but Palantir isn't taking part in the relief rally. While there doesn't appear to be any fresh business-specific news dragging the company's valuation lower, the stock has been under pressure lately. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool