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Why Palantir Stock Is Sinking Today

Shares of Palantir Technologies (PLTR -7.54%) dropped on Thursday, falling 5.9% as of 2:48 p.m. ET. The move down comes as the S&P 500 lost 0.2% and the Nasdaq Composite fell 0.4%.A report last week from The New York Times asserted, among other things, that Palantir, which leverages artificial intelligence (AI) to analyze massive data sets and help clients make better decisions, has gained incredible access to data across the federal government, which could give President Donald Trump "untold surveillance p ...