Here's Why Palantir Stock Fell 12% in December
Data analytics stock Palantir Technologies (NYSE: PLTR) dropped 11.8% in December as investors continue to move away from growth stocks with high valuations. Similar stocks, including Splunk (NASDAQ: SPLK) and Alteryx (NYSE: AYX), had very similar charts throughout the month. This indicates that market forces are behind the move, which occurred without any significant news from Palantir.
Source Fool.com