
Palantir stock plunges, extending 4-day drop on reported Pentagon budget cuts
Palantir (PLTR) stock tumbled 10% on Monday to extend a four-day drop amid investor concern surrounding potential Pentagon budget cuts and their impact on the data software company’s revenue. Shares have fallen more than 20% since last Wednesday, when the stock tumbled on a Washington Post report that said Defense Secretary Pete Hegseth sent a…