Palantir Technologies Inc. (NASDAQ: PLTR) continues to sell off. On March 6, PLTR stock fell over 10% on nearly double the daily volume, bringing its 30-day decline to over 27%. A drop exceeding 20% places the polarizing stock in a bear market.
If the stock were to drop another 5% or so, it would “round trip” its gains in 2025. That happens when the stock price climbs but then falls back to its prior level. Investors never like to see that, but it hasn’t been unusual to see some of the leading technology stocks trade lower in 2025.
