Palantir stock slides to start 2026 as rate-cut outlook tightens its grip on PLTR
Palantir Technologies closed down 5.6% at $167.86 on Friday, underperforming peers as Fed officials signaled rate cuts may be delayed. The stock traded as low as $166.38, falling below its 50-day moving average. Investors await the U.S. jobs report Jan. 9 and CPI data Jan. 13, with Palantir’s next earnings expected Feb. 2.