The logo of the American company Software Palantir Technologies can be seen in Davos, Switzerland on January 22, 2020.
Arnd Wiegmann Reuters
Palantir The shares fell on Monday, based on the decline of last week, because hot trade still showed signs of spraying.
Technology and defense reserves fell by more than 8% during the day at the fourth rate of the lost session in a row. This happens after the shares fell by 15% last week.
Declines from last week occurred after the company revealed A new plan for the sale of shares from CEO Alex Karp. Comments of the Secretary of Defense Pete HegeSetha submitted by The Washington Post on the plans to limit the defense budgets also shocked the company's investors, which is partly based on government agreements.
These movements have increased that Palantir, which saw his popularity among retail investors balloon In recent months it is falling from grace. Indeed, the shares fell by more than 22% compared to where he sat a week ago.
Palantir, 5 days
Monday declines set actions by about 25% below the highest level of all time at the beginning of this month.
Despite this, the shares increased by more than 22% in 2025, leading S&P 500 An increase below 2.5% in the same period. Palantir was the best contractor in S&P 500 last year with an increase of over 340%.
Palantir has gained the cult of initial investors. The company's experts and analysts point to the eccentric personality of Karp and a lot of action as two interested factors from this group.
On the other hand, most analysts surveyed by LSEG have a suspension assessment. A typical target price means that the actions can fall further.