Palantir (PLTR) Stock in Late 2025: Navy Megadeal, AI Boom and a Post‑Rally Reality Check
Palantir stock surged to a record $207.52 in early November 2025 after strong Q3 results, then plunged 24% to $155.75 by November 21 amid profit-taking and concerns of an AI bubble. Shares rebounded following a major U.S. Navy AI contract and now trade near $188, still up sharply year to date. Market value briefly touched $500 billion before the correction.