Here's Why Palantir Technologies Stock Sank 17.6% Last Month

Shares of Palantir Technologies (NYSE: PLTR) sank 17.6% in July, according to data from S&P Global Market Intelligence. Despite debuting a new product offering for its Foundry data analytics platform and announcing continued collaboration with the U.S. government on vaccine distribution projects, the stock lost ground amid market volatility.

PLTR data by YCharts

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Source Fool.com