Palantir stock slumps 9%, falling for a fifth straight day from record
Alex Karp, Palantir Technologies CEO, participates at the Pennsylvania Energy and Innovation Summit at the Carnegie Mellon University campus in Pittsburgh, Pittsburgh, Pittsburgh, Pittsburgh.
Andrew Caballero-Reynolds | AFP | Getty Images
Palantir‘S shares fell more than 9% on Tuesday and fell to a fifth straight day to maintain their withdrawal from the highest levels of all time.
The shareholder provider of artificial intelligence software provider has shifted more than 15% in the last five trading sessions after the shares of a star earning report at the beginning of this month to the highest levels of all time. The report was Palantir’s first $ 1 billion income quarter.
Tuesday’s immersion coincided with a wider market withdrawal.
Palantir is the most important gain in 2025 in S&P 500, increases by more than 100%.
The company has increased by more than twice as it has gathered state contracts, which pushed President Donald Trump’s agencies to overhaul by taking advantage of the ongoing AI enthusiasm.
Palantir’s rise pushed the company to the list of the top 10 US technology companies and the 20 most valuable US companies, while making shares incredibly expensive. According to the price price, the ratio of advanced price-win, which follows future earnings, rose 245 times.
Compared to technology giants such as Microsoft And Apple Move about 30 -storey P/E and rake with larger revenues every three months. Meta‘sand Alphabet‘SP/E rates remain in the 20s.
