Palantir (PLTR) Falls Below $100: Can Stock Turnaround 20% Drop?
The US stock market has been stuck in a period of volatility amid growing geopolitical concerns. Indeed, Monday has seen a host of stocks stagnate despite some reasons to be optimistic. However, Palantir (PLTR) saw the worst of it, as it continued to fall below the $100 mark, continuing what has been a 20% drop on its weekly chart. Now, all eyes are on whether or not the stock can eventually reverse its recent fall. The shocking part about its recent performance is that the company had recently reached a $125 all-time high. Now, it has fallen below critical support at the $100 level, trading at $91 and dropping more than 9% today. Source: Victor J. Blue / Bloomberg Also Read: Palantir (PLTR) to Plummet 50%? Why Experts Predict a Fall From ATH Palantir Stock Struggles, Falls 9% as It Drops Below $100 Since the inauguration of US President Donald Trump, there has been a growing sense of uncertainty in the global economy. This has extended into the stock market. Specifically, with tariff ...