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Shares of Palantir Technologies ($PLTR) experienced significant volatility, initially reaching new closing highs but later plummeting in after-hours trading. After hitting $106 in after-hours trading on February 19, the stock dropped by 5% overnight and has lost over 15% in the past day. By premarket trading on February 20, Palantir shares were down 5.4%, falling below the $100 mark and nearing overnight lows, with $99 levels reported. Additionally, $HIMS shares were also down in after-hours trading, and analysts noted the $100 level as a likely magnet for $PLTR.
