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Palantir Stock Drops After Recent Highs: What’s Next for PLTR?

Palantir Stock Drops After Recent Highs: What’s Next for PLTR?

    Summary:

  • Palantir stock retreats from recent highs. Explore key technical levels, and what could be next for PLTR as it navigates volatile trading.

Palantir Technologies (NYSE: PLTR) has been making headlines recently, with its stock price experiencing a rapid ascent, closing last session at $61.26, despite a pullback of -6.86%. A wave of investor interest is lifting the stock, and Trump’s recent election victory seems to be playing a part in this rally. As Palantir has deep ties with government contracts, a shift in administration can often impact its trajectory.

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