PLTR reaches new two-year high at $20.45

Share: Palantir stock trades up to highest price in two years. Stock market indices started Friday on the backfoot. Peter Thiel’s venture capital fund sold $48 million worth of PLTR in Q3. Analyst Dan Ives says tech stocks are at the beginning of a new rally heading into 2024.   Palantir (PLTR) stock

PLTR loses 6.5% for the week

Share: Palantir stock has turned negative on the technical chart. The 9-day SMA has crossed below its 21-day counterpart. Lower inflation seen in the Core PCE print for September makes another Fed rate hike less likely. An AI study called Palantir a top performer among vendors.   Palantir (PLTR) stock closed at $15.07 on

PLTR holds above support on Friday after pessimistic week

Share: Palantir stock has shed nearly 9% so far this week. PLTR stock is sitting right on medium-term support from $13.50 to $14.  A break of $13.50 would send PLTR hurtling toward $10.25. A recent AIP conference gave Palantir good marks on its move into the LLM space. Palantir (PLTR) stock advanced 1.2%