Palantir Stock Fell Nearly 40% From Its High. History Says This Will Happen Next.

Palantir Technologies (NASDAQ: PLTR) was one of the hottest artificial intelligence (AI) stocks on the market in 2024. In fact, with shares soaring 340%, it was the top-performing member of the S&P 500 (SNPINDEX: ^GSPC) last year.The stock initially maintained its upward trajectory in 2025. It climbed another 65% to peak at $125 per share on Feb. 18. But it finally stalled as investors contemplated possible defense budget cuts and the growing risk that tariffs could push the U.S. economy into a recession.In March, Palantir stock fell nearly 40% from its February high, and the share price is still 33% below that level. But the stock fell even further once before, and that incident provides some reassurance for investors: History says Palantir will eventually recoup its losses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool