
Palantir Technologies Inc. ($PLTR) has experienced a challenging start to 2025, with its stock declining 10.41% since the beginning of the year. The stock fell another 2.47% on January 9, marking its fourth decline in the first five trading days. Ark Invest has also reduced its holdings in Palantir, selling off 4,890 shares, coinciding with a 7.8% drop in the stock's value. Despite a remarkable 355% rise over the past year, this recent downturn has raised concerns among investors, especially following a downgrade from Morgan Stanley. Additionally, Palantir is among the worst performers in the S&P 500 so far this year, alongside other companies like Wynn Resorts, Adobe, and Nike. Some traders are viewing this decline as a potential buying opportunity, while others are noting the stock's movement below its 50-day moving average.


$PLTR turning green https://t.co/qY6SzWmHbn https://t.co/cZPrbmhAuc
$PLTR fell below the 50 and has bounced. I went long 65s today after a 4 day 20% + correction. https://t.co/uZqgQZPGBf
Palantir $PLTR losing its 50dma https://t.co/l7j7sd3Ho3