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Shares of Palantir Technologies Inc. (PLTR) slid 8.27% to $14.98 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,507.66 and Dow Jones Industrial Average falling 0.48% to 34,721.91.
The stock's fall snapped a four-day winning streak.
Palantir Technologies Inc. closed $5.26 below its 52-week high ($20.24), which the company reached on August 1st.
Trading volume (100.9 M) eclipsed its 50-day average volume of 67.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 31, 2023.
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August 31, 2023 17:33 ET (21:33 GMT)
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