Palantir Stock PLTR Drops After Christmas Reopen as Investors Weigh Navy ShipOS Deal, Lofty Valuation and Analyst Targets
Palantir Technologies shares closed at $188.71, down 2.79% Friday, after fluctuating between $188.51 and $196.18 during a quiet post-Christmas session. The drop came as major U.S. indexes ended little changed on thin holiday volume. No single headline drove the move, though recent attention has focused on Palantir’s $448 million U.S. Navy ShipOS contract and its volatile trading in low-liquidity conditions.