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Barchart

Aditya Raghunath

Is Palantir Stock Really Headed to Just $5 Per Share?

Palantir PLTR United States Louie DiPalma ARMY

After soaring 35% in November, shares of Palantir Technologies (PLTR) fell over 9% yesterday, valuing the tech stock at $40 billion by market cap. Along with broad-based selling to start the week, PLTR in particular was hit by a bearish analyst note focused on a key Army contract.

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