New York, Jan 16, 2026, 10:31 EST — Regular session
Shares of Palantir Technologies Inc (PLTR) dropped 2.3% to $172.94 in Friday’s morning session, after fluctuating from a high of $182.12 to a low of $172.94.
The pullback hits on a day traders have marked for weeks: monthly options expiration, when a heavy volume of equity derivatives expires and hedging strategies are adjusted.
This is significant for Palantir since it now acts as a high-beta indicator of investor interest in AI-driven software. When funds shift, PLTR usually reflects that movement quickly.
Options market pros say Friday’s expiration might jolt U.S. stocks into more volatile territory after a period of subdued index fluctuations. Brent Kochuba, SpotGamma’s founder, noted, “I think this options expiration will allow the S&P 500 to start moving around a bit more.” 1
Early trading on Wall Street saw the main indexes climb, with chipmakers once more in the lead, Reuters reports. Jason Barsema, president of Halo Investing, commented, “Banks set up the week nicely to say the consumer is still spending and there’s nothing to worry about yet.” 2
Palantir offers software designed to help clients integrate and analyze data across various systems, featuring products like Gotham, Foundry, Apollo, and its Artificial Intelligence Platform (AIP). 3
Still, the stock’s volatility swings both ways. A costly, momentum-fueled stock can tumble fast if risk appetite wanes or if upcoming earnings miss lofty expectations.
Palantir plans to release its fourth-quarter and full-year earnings on Monday, Feb. 2, after U.S. markets close. A webcast will follow at 5:00 p.m. ET. 4
