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Palantir Stock Closes Below $190, Down 13% From Its Record:…

By Abdelaziz Fathi

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Source excerpt · FinanceFeeds

Palantir stock (NASDAQ: PLTR) closed Friday, October 16, at $186.03, falling 7.22% in a single session and extending its weekly loss to 11.01%. The decline left shares approximately 12.6% below their October 12 record of $212.94, reversing much of a rally supported by bullish analyst recommendations just days earlier. The timing puts two competing narratives in focus. Goldman Sachs and Barclays re…