Why Palantir Technologies Stock Dropped in February

Lou Whiteman, The Motley Fool
·2-min read
Why Palantir Technologies Stock Dropped in February

Shares of Palantir Technologies (NYSE: PLTR) fell 32.1% in February, according to data provided by S&P Global Market Intelligence, and fell nearly 40% from its midmonth highs. The stock has been under pressure since Palantir's earnings report, but is still up big during the company's brief time on public markets. Data analytics specialist Palantir has been a popular stock since going public in late September, up more than 160% even after a rough February.