Palantir's stock set to suffer the biggest weekly selloff since going public

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Palantir stock set for its biggest weekly selloff since the company went public

Shares of Palantir Technologies Inc.

have seesawed to a loss of 0.6% in midday trading, reversing an earlier intraday gain of as much as 2.3%, as the data integration and software company's stock is set to suffer its worst week since going public. The stock has plunged 17.8% this week, as it is set to lose ground in every session, and is on track to decline in 11 of the past 12 trading days. That would be the biggest one-week selloff since the stock went public on Sept. 30, surpassing the previous record drop of 15.

 

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Round trip back to $9.

When top management sells stock it gets a lot of visibility and media attention. PLTR stock was on track for 100B mkt cap. but insiders pulling the trigger early has punished the stock. I guess the insiders got greedy too soon.

Obviously since some of their executives are so dumb and selfish especially mr Cohen 🤮

I've never bought so much $PLTR in my life. This week has been great. See you losers at $60 EOY

The author is running put options & wants to cash in.

$PLTR is doing awesome work out there for America.

$PLTR

$PLTR volume is fascinating. The company is young, they have a good business model, expected to make profits soon and trades more volume than AAPL. Hit support at around $23. Institutional buying.

Solid company, I will keep buying sales

PLTR going to be best investment of your life wallstreetbets MarketRebels TikTokInvestors RobinhoodSnacks stoolpresidente RobinhoodApp reddittrading wallstreetbets_ wsbmod reddittrading bancodebarstool wsbchairman Grassosteve mcuban spacGuru CathieDWood spacbobby

RJ_DMILLIONAIRE solid buying opportunities.

Cheap shares 🎉

My greatest regret is buying $PLTR this week and I ate Dominos for dinner last night...

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