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Palantir Stock Plunges to Extend Week-Long Slump. Here's Why.

Palantir Stock Plunges to Extend Week-Long Slump. Here's Why.
business8/19/2025

Palantir shares tumbled Tuesday afternoon, extending recent losses as a high-profile short seller fueled worries the stock could be overvalued after a strong run earlier this year.

Palantir (PLTR) shares tumbled Tuesday afternoon, extending recent losses as a high-profile short seller fueled worries the stock could be overvalued after a strong run earlier this year. The shares fell over 9% to close just under $158, in the fifth... [1958 chars]