Why Palantir Stock Just Crashed

Shares of big data contractor Palantir Technologies (NYSE: PLTR) plunged in afternoon trading Thursday, down 7% as of 1:30 p.m. EST, an apparent victim of stock market turbulence surrounding the recent short-squeezing phenomenon -- and efforts by regulators, stock brokers, and Wall Street talking heads to combat it.

And yet, the actual news about Palantir today is quite good. 

Image source: Getty Images.

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Source Fool.com