Palantir falls 7% in tech selloff, fifth straight down session
FROM THE WIRE · SEEKINGALPHA.COM
[Palantir Technologies headquarters campus exterior view in Silicon Valley. - Palo Alto, California, USA - 2019] Michael Vi/iStock Editorial via Getty Images Palantir Technologies (PLTR [https://seekingalpha.com/symbol/PLTR]) sank more than 7% on Friday, closing at $186.03…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe tech sector sell-off weighed on the Nasdaq-100 and the technology ETF.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Palantir closed at $186.03, down more than 7% on Friday.
- 02The stock has closed lower for five consecutive sessions.
- 03CRWV fell almost 12%, SMCI nearly 10% and ORCL almost 5%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Palantir Technologies Inc.186.03 USDMarket closedtoday -7.22%Negative CoreWeave, Inc. Class A Common Stock61.39 USDMarket closedtoday -11.91%Negative Super Micro Computer, Inc.31.63 USDMarket closedtoday -9.86%Negative Oracle Corporation128.22 USDMarket closedtoday -4.65%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets