Palantir Technologies, Inc (NYSE:PLTR) ended Friday 5.7% lower in sympathy with the general markets, which reacted bearishly to U.S. Federal Reserve Chair Jerome Powell’s hawkish tone during his speech at the Jackson Hole Economic Symposium.
The big data analytics company was on a downwardward path prior to Powell’s speech after breaking down from a head-and-shoulders pattern on Aug. 19.
