Palantir Plunges 9%—5th Straight Drop as Tech Rally Cools Off Hard

Palantir's stock just took another brutal hit—down 9% today—marking its fifth consecutive trading day in the red. The data-mining darling’s losing streak shows no sign of letting up as investor appetite for tech cools faster than a overhyped IPO.

What’s driving the slide? A classic case of momentum flipping. The same speculative fervor that sent tech names soaring is now working in reverse—no fundamentals needed, just fear and herd behavior.

And let’s be real—when the market’s feeling skittish, even companies with government contracts and big-data allure aren’t safe. Wall Street’s love affair with tech? On pause—or maybe just seeing other sectors.

So is this a buying opportunity or the start of something uglier? Depends if you believe in rebounds—or just enjoy watching traders sweat over charts that look like downhill ski slopes. Either way, it’s a stark reminder: in tech investing, sometimes the only thing predictable is volatility.