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● LIVE Updated 26d ago · 15 sources tracked

Palantir's selloff continues, marking the seventh straight session of declines (PLTR:NASDAQ)

Palantir Technologies shares have declined for seven consecutive trading sessions, reaching a new 52-week low. The stock is on track for its worst month in five years amid a broader software sector struggle. Analysts at Wedbush describe the stock as oversold.

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What changed

The stock hit a new 52-week low and extended its losing streak to seven sessions.

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  1. Palantir Hits 52-Week Low Following Seven-Session Selloff

    Palantir Technologies shares have declined for seven consecutive trading sessions, reaching a new 52-week low. The stock is on track for its worst month in five years amid a broader software sector struggle. Analysts at Wedbush describe the stock as oversold.

    What's confirmed:

    • Palantir shares fell for seven consecutive trading sessions.
    • The stock reached a new 52-week low.
    • Palantir is experiencing its worst month in five years.

    Still unconfirmed:

    • Michael Burry has a bearish thesis on AI and Palantir's valuation.
    confidence 90%