Palantir Stock Leads S&P 500 Decliners Monday Amid Defense Spending Cut Concerns
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Key Takeaways
- Palantir Technologies shares plunged Monday, extending losses following a report last week that the Trump administration directed the Pentagon to trim the U.S. defense budget.
- The report raised worries Palantir could be negatively impacted as a contractor for the U.S.…
This story appeared on investopedia.com, 2025-02-24 20:48:52.249000.