The logo of American software company Palantir Technologies was seen on January 22, 2020 in Davos, Switzerland.
Arnd Wiegmann | Reuters
Palantir Stocks fell on Monday as hot trade continued to show signs of sputtering.
The technology and defense shares fell about 10.5% on Monday, marking their fourth failure and worst day since May. This comes after stocks fell 15% last week.
The decline last week was after the company public CEO Alex Karp’s new stock sales plan. The comments from Defense Secretary Pete Hegseth reported on the Washington Post’s plan to cut the defense budget plan, which also shocked the company’s investors, which relied in part on government contracts.
These moves have aggravated fear of the popularity of retail investors balloon In recent months, grace is now falling. Indeed, the stock fell nearly 24% compared to where it sat a week ago.
Palantir, 5 days
Monday’s decline allowed the stock to drop more than 27% of its most closed high in history earlier this month.
Still, the stock has risen almost 20% so far in 2025, surpassing the S&P 500 The growth was less than 2% during the same period. Last year, Palantir was the best performer in the S&P 500, with an increase of more than 340%.
Palantir has won followers of individual investors. Experts and company analysts point out that KARP’s weird role and the stock’s massive competition are two drivers of interest for the group.
On the other hand, most analysts surveyed by LSEG have a hold rating. A typical price target means that the stock can fall further.
