Palantir Shares Fall 7.22%, Close 11% Below October Record
Photo: TokenPost
Palantir Technologies Inc. (PLTR) shares fell 7.22% Friday, Oct. 16, closing about 11% below their record as technology stocks declined broadly ahead of the company’s Nov. 2 third-quarter earnings event. The shares lost $14.47 from the previous session to close at $186.03 at 4 p.m. ET (20:00 UTC). That was below $188.15, the level marking a 10% decline from Palantir’s Oct. 9 record close of $209.05. The Nasdaq Composite fell 2.1% Friday and 4.5% for the week, its steepest weekly decline since June. The S&P 500 lost 1.1% on Friday.
Source: TokenPost
