Palantir Shares Fall 5% Amid CEO Stock Sale and Pentagon Budget Cuts 📉

Palantir shares continued to slide Thursday, dropping over 5% after a decline on Wednesday. The pullback follows CEO Alex Karp’s stock sale plan disclosure and reported Pentagon budget cut plans. Palantir's continued decline raises concerns that its AI-driven retail investor momentum may be fading. Wall Street remains cautious on the stock LSEG, with analysts maintaining a hold rating and forecasting a decline in Palantir's share price.