The Dow Jones declined modestly Friday morning, while the S&P 500 and Nasdaq fell solidly on the final trading day of April. Apple and Amazon stock led key earnings late Thursday. Chevron and Exxon Mobil reported before Friday's open. Read More...
Motley Fool
Why Palantir Stock Is Plummeting This Week and Could Fall Further
Shares of Palantir (NYSE: PLTR) are sinking again in this week’s trading. Facing high inflation, looming interest rate hikes, and ongoing developments related to Russia’s invasion of Ukraine, risk-off sentiment has gripped the market lately and led to big pullbacks for companies trading at growth-dependent valuations. While there aren’t any new business-specific developments pushing Palantir’s valuation lower, the company’s share price is participating in the broader market’s sell-off.
