Palantir Stock Declines 31% in a Month: Is This a Buying Opportunity?

Palantir Technologies Inc. (PLTR) has experienced a 31% decline in its stock price over the past month, a drop largely attributed to the broader market downturn and increasing concerns over cost-cutting measures from the incoming administration. Losses spread across the sector. For instance, NVIDIA (NVDA) has gained 13%, International Business Machines (IBM) has climbed 6%, and Oracle (ORCL) has gained 17% in a month. Image Source: Zacks Investment ResearchBeing a volatile stock, this level of pullback is n ...