Palantir Technologies Stock Is Down More Than 25% Since Its Peak. Is It Finally Time to Buy the Dip?
For a while, it seemed Palantir Technologies ( PLTR -9.68%) could do no wrong, with the stock gaining as much as 1,250% the past two years. Then, investor sentiment took a turn for the worse. The stock plunged as much as 11.9% on Monday. As of 1:38 p.m. ET, the stock was still down 8.1%.
Shares of Palantir Technologies (NASDAQ: PLTR) are trading lower on Monday. The company's stock lost 8.4% as of 11:50 a.m.
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