Why Palantir Stock Is Sinking Today

Palantir (NASDAQ: PLTR) stock is seeing another valuation pullback in Wednesday's trading. The artificial intelligence (AI) software pioneer's share price was down 4.3% as of 12:45 p.m. ET. At the same point in the day's trading, the S&P 500 was down 0.1%, and the Nasdaq Composite had fallen 0.6%. The stock had been off as much as 5.5% earlier in the day.Some top artificial intelligence stocks are getting hit with another round of sell-offs today as investors debate how to value companies in the space. Palantir may also be seeing selling momentum driven by recent wins for another defense AI stock.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool