Are retail investors bailing on Palantir Technologies (NASDAQ: PLTR)? At least one group of shareholders was selling. In its August 2026 Schwab Trading Activity Index report, Charles Schwab reported that PLTR was one of several high-beta technology stocks that its clients net sold.
The top-of-mind question is why? Schwab cites profit-taking and rotation within the tech sector as two reasons for the selling. That holds up, given that names like SpaceX (NASDAQ: SPCX), Micron Technology (NASDAQ: MU), and Intel Corp. (NASDAQ: INTC) were among those that saw net buying during the month.