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Palantir stock tanks 13% over CEO's sell-off plans and Trump's cuts

Shares of Palantir (PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.S. defense budget.Read more...

Feb 20, 2025 - 17:36
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Palantir stock tanks 13% over CEO's sell-off plans and Trump's cuts

Shares of Palantir (PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.S. defense budget.

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