markets
PLTR -2.52% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
PLTR breaks down -2.52% at the open while broad market holds green.
Palantir is trading at $113.76, down from yesterday's close of $116.70, as SPY (+0.15%) and QQQ (+0.23%) both trend higher intraday. The divergence signals stock-specific selling pressure — PLTR is underperforming the tape meaningfully on day-session volume.
Watch: $113.00 as the next clean support level to hold intraday — a break there opens air toward $110. If SPY extends gains above $735 while PLTR continues fading, that negative divergence accelerates the short thesis.