Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after Defense Secretary Pete Hegseth ordered the Pentagon to slash its $850 billion budget by 8%, or about $50 billion.
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Strategic Financial Concepts LLC acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in ...
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