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Why Palantir Stock Just Set a 52-Week Low
Key takeaways
- PLTR NVDA ZETA Palantir Technologies (NASDAQ: PLTR) stock, one-time star of the defense technology industry, tumbled 5.2% through 12:50 p.m.
- And here's the weird thing: It dropped not on bad news but on good news.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
PLTR NVDA ZETA Palantir Technologies (NASDAQ: PLTR) stock, one-time star of the defense technology industry, tumbled 5.2% through 12:50 p.m. ET Thursday. In fact, earlier in the morning, the company briefly set a new 52-week low share price of $106.39.
And here's the weird thing: It dropped not on bad news but on good news.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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