Palantir (PLTR) Stock Slips Below $86: Shares Dip Over 3% in Morning Trading Today
NEW YORK, USA – Shares of Palantir Technologies Inc (NASDAQ: PLTR) experienced a notable decline during morning trading hours on April 11th. Investors watched as the data analytics company’s stock price fell significantly from the previous day’s close.
As of approximately 11:14 AM UTC-4 (Eastern Time), Palantir stock was trading at 2.70 per share, translating to a 3.05% drop for the day’s session so far.
The intraday trading chart reveals significant volatility for PLTR. The stock appeared to open near the $89 mark before embarking on a sharp downward trend early in the session. While there was a brief attempt at recovery, the price subsequently continued its decline, breaking below the $86 threshold.
This current price stands in contrast to the previous closing price, which was recorded at $88.59. The downward movement reflects the selling pressure experienced by Palantir shares on the NASDAQ exchange during the morning hours of April 11th. Market participants continue to monitor PLTR’s performance as the trading day unfolds.
