Mass selling action on Friday plunged markets into the red on a shortened holiday week, with the RUT now in negative territory for 2025. Palantir (PLTR) shed a piece of its gargantuan rally as the Trump administration eyes defense budget cuts.
Chart-wise, the relative resistance zone sits right around 125 but traders are pricing in a wider range. The post Palantir Stock Today: This Double Butterfly In Calls And Puts Could Turn A Profit Of $1,547 appeared first on Investor's Business Daily.
Palantir Technologies (NASDAQ:PLTR) remains a highly divisive stock for certain investors.
CEO Alex Karp is selling many of his personal shares in Palantir (PLTR 0.10%) stock, causing shareholders to rush to the exits.
Palantir Technologies has arguably been one of Wall Street's top growth stocks in the past couple of years. Since January 2023, its share price has climbed by more than 1,700%.
Shares of Palantir Technologies Inc. NASDAQ: PLTR are down 17% in two trading sessions. For much of the last 18 months, Palantir has been like a boxer who continues to have opponents throw punches, none of which land with any effect.
After Palantir Technologies' two-day 15% slump, Friday looks set to be a crucial day for the stock as investors assess whether the weakness is a blip, or something more sustained.
Palantir Technology's (PLTR -5.17%) stock has been nearly unstoppable over the past year. It has risen around 600% since the start of 2024 and nearly 35% in 2025 alone.
On Tuesday, Feb. 18, the benchmark S&P 500 rallied to yet another record-closing high. For more than two years, the bulls have had a tight grip on Wall Street's proverbial reins, with optimists being handsomely rewarded.
As two of the market's top performers in recent years, investors may be wondering if they should buy the dip in Palantir Technologies (PLTR) or Vertiv Holdings (VRT) stock.
Palantir (PLTR) shares extend recent losses as the Trump administration cuts federal spending with plans to cut the military budget and as Palantir CEO Alex Karp plans to sell around $1.2 billion in stock by September. William Blair industrials research analyst Louie DiPalma joins Market Domination with Julie Hyman and Alexandra Canal to break down why exactly recent headlines are rattling Palantir investors.
Software-as-a-service (SaaS) company Palantir Technologies Inc.'s PLTR shares have soared 388.7% in the past year, a noteworthy comeback after the stock took a beating in its initial public offering.