Palantir Technologies Inc (NASDAQ:PLTR) shares are trading lower Wednesday as the stock continues to pull back following a strong run in recent weeks. Here's what you need to know.

AI software firm Palantir Technologies (PLTR) has seen its stock drop for six straight sessions to wipe out $73 billion in market value. The stock is now down over 17% from its record high on August 12, making this its worst week since the tariff-driven ...

Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) fell 6% in the morning session after a prominent short-seller reiterated its bearish stance on the company, citing significant overvaluation and heavy insider selling.

As Palantir drops 15%, tech bull Dan Ives calls the selloff a healthy buying opportunity and sees massive long-term upside for the AI leader.

Aug 21 - Palantir Technologies ( NASDAQ:PLTR) lost roughly $73 billion in market value over a six-session slide, a sharp reversal after its Aug. 12 record high. Shares fell more than 17%, producing about $1.6 billion in profits for short sellers, Bloomberg reported using S3 Partners data.

Palantir stands out with its scalable AI impact, unique Ontology platform, and defensible moat. Read why I think PLTR stock is a buy-on-pullback opportunity.

Palantir Technologies (PLTR) is heading for its sixth-straight daily drop, extending its fall from record highs

Palantir Technologies Inc. (NYSE:PLTR) deepened its partnership with Fujitsu Ltd. (OTC:FJTSY) through a new licensing deal signed Aug. 5, 2025, granting Fujitsu the rights to offer the Palantir Artificial Intelligence Platform (AIP) in Japan.

The price trend for Palantir Technologies Inc. (PLTR) has been bearish lately and the stock has lost 15.4% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon,