Palantir stock plummets 18% from highs in longest losing streak since April 2024
Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market sell-off and came on the heels of a short seller report from Andrew Left's Citron Rese