Reported about 12 hours ago
Palantir Technologies saw its stock price rise 2.2% after a three-week slump that resulted in a 38% drop in market value, primarily due to concerns over reduced Pentagon military spending and broader tech selling pressures. Investors should monitor critical support levels at $66, $44, and $30, while resistance points to watch during potential rebounds are set at $85 and $121. Despite recent losses, some analysts remain optimistic about the company's future prospects, particularly in its AI software sector.
Source: YAHOO