markets
PLTR -2.05% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
PLTR drops 2.05% intraday while speculative tech rips around it.
Palantir sliding to $120.45 off $123 prior close as RIOT surges 20%, RGTI adds 7.75%, and ASTS climbs 5.86% — rotation into higher-beta names is leaving PLTR behind mid-session. PL's 2.67% gain adds pressure: a direct competitor catching a bid while PLTR bleeds is a notable divergence. IWM flat at $289.12 confirms this is stock-specific, not broad small-cap weakness.
Watch: $120 as immediate intraday support — a break opens a faster flush toward $118. If PLTR can't reclaim $121.50 while RIOT and RGTI hold gains, the relative weakness narrative accelerates into the afternoon.