Summary (TL;DR)
- Close: Palantir finished down 6.53% at $172.14 (intraday range: $182.70 high / $170.73 low; volume ~62.9M). StockAnalysis
- Backdrop: A broad tech selloff dragged major indexes lower (Nasdaq −2.29%, S&P 500 −1.66%, Dow −1.65%). AI-linked names led declines. Reuters
- Today’s PLTR-specific angle: Fresh attention on Michael Burry’s now-closed Scion fund and his previously disclosed $9.2M bearish PLTR bet re‑entered the discourse, adding to sentiment pressure. Reuters
- Fundamentals unchanged today: No new corporate releases from Palantir; context remains its Nov. 3 beat-and-raise quarter and robust AI demand outlook. Reuters
How PLTR Traded on November 13, 2025
Palantir Technologies (NASDAQ: PLTR) fell 6.53% to $172.14 at the close on Thursday. Shares swung between $182.70 and $170.73 on ~62.9 million shares, reflecting heavy participation as investors rotated out of richly valued AI software names. StockAnalysis
Why the Stock Fell Today
Macro risk-off dominated. U.S. equities logged one of their weakest sessions in a month as hopes for a December Fed rate cut faded to roughly a coin flip, while the government’s recent reopening means a wave of delayed data could complicate policy bets in the near term. Tech and AI leaders led the retreat, with Palantir down ~6.5% alongside other high-multiple names. Reuters
Headline overhang: Markets also chewed on Michael Burry’s disclosures and subsequent comments. Reuters’ wrap flagged that Burry said he had bet $9.2 million shorting Palantir, a storyline that resurfaced today as he announced the closure of his fund—keeping attention on valuation debates around PLTR. Reuters
What (Didn’t) Change Inside the Business
No new Palantir company announcements hit the tape today. The fundamental backdrop still reflects early-November updates: the company beat Q3 expectations, lifted its full‑year outlook, and guided Q4 revenue above consensus amid accelerating AI adoption in commercial and government accounts. Those same updates, however, also rekindled discussion of PLTR’s premium valuation. Reuters
Valuation Watch (Context, not new today)
As recently as Nov. 3, Reuters highlighted that Palantir traded at an elevated 12‑month forward P/E—a factor repeatedly cited by bulls and bears alike in explaining the stock’s higher volatility on macro or headline days like today. Reuters
Key Numbers for the Day
- Close:$172.14 (−6.53%)
- Intraday High / Low:$182.70 / $170.73
- Volume:~62,928,029 shares
These figures help frame the magnitude of today’s move relative to recent sessions and underscore how quickly momentum can swing in high‑beta AI names. StockAnalysis
What to Watch Next
- Macro prints resume: With federal data releases ramping back up after the shutdown, watch incoming inflation and labor reads for rate‑cut odds and risk appetite—important drivers for high‑multiple software. Reuters
- Sector leadership: If AI leaders continue to dictate tape direction, PLTR’s day‑to‑day path will likely remain tied to broader AI sentiment and long‑duration growth expectations. Reuters
- Follow‑through after volatility: After outsized down days, liquidity and options positioning can amplify short‑term swings—helpful context when sizing entries/exits in PLTR.
Other Headlines from November 13, 2025 that Mention or Frame PLTR
- “Wall Street drops to one of its worst days since April on worries about AI stocks and interest rates.” Palantir cited among notable AI decliners. AP News
- Reuters market wrap: Tech/AI weakness led declines; coverage also referenced Burry’s Palantir short disclosure as part of the day’s narrative. Reuters
- Investors Business Daily live market coverage: Tech retreat accelerated; Palantir listed among key laggards on the day. Investors
Bottom Line
Today’s drop in PLTR is chiefly macro—a broad AI/tech risk‑off move—not a new company‑specific miss. With fundamentals reaffirmed earlier this month and valuation still the lightning rod, near‑term performance will likely hinge on the trajectory of rates, incoming data, and sentiment toward high‑growth AI platforms. Reuters
This article is for information only and is not investment advice.
