MarketBeat.com – MarketBeat
Well, it was fun while it lasted. Traders had some holiday fun with Palantir Technologies Inc. (NYSE: PLTR) stock a few days before the Christmas holiday. On December 21, PLTR shares went up 5% on the news that Palantir was awarded a multi-million deal with the United Kingdom’s Ministry of Defense. But the following day, the stock had given up most of those gains.
That leaves Palantir shareholders in a similar situation to what they’ve been facing for the better part of 2022. As a result, PTR stock is down 65% for the year. And since the stock is down 82%
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