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Palantir Technologies (PLTR) stock was in a steady uptrend, backed by robust growth, and touched highs of $207.52 in November 2025. However, there has been a correction of almost 30% from highs even as Palantir continues to deliver growth.
The correction has been broad-based for the technology sector on concerns related to valuation coupled with the impact of significant capex on margins. At the same time, geopolitical tensions have translated into additional risks.