Why Palantir Stock Plummeted 24.7% Last Month and Continues to Fall

Palantir (NYSE: PLTR) stock sank 24.7% last month, according to data provided by S&P Global Market Intelligence. While there wasn't any negative company-specific news pushing the data specialist's share price down, negative momentum for the broader market and a shifting approach to growth-dependent stocks were enough to trigger big sell-offs. 

PLTR data by YCharts

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Source Fool.com