Tesla and chips led sharp market losses Thursday, despite a late bounce. The Fed's favorite inflation report looms. Read More...
Motley Fool
Why Palantir, Snowflake, and Datadog Plunged Today
Shares of popular software stocks Palantir (NYSE: PLTR), Snowflake (NYSE: SNOW), and Datadog (NASDAQ: DDOG) plunged today, falling 4.4%, 5.6%, and 6.2%, respectively, as of 2:23 p.m. ET. While the tech-heavy Nasdaq was also down a big 3.3% on the day at that time, these high-growth software-as-a-service (SaaS) stocks fell by even more.