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Palantir's Nasdaq-100 Hype Fades As Stock Sinks 15% Post-Inclusion
PLTRPalantir Technologies(PLTR) Benzinga·2025-01-10 19:57

Palantir Technologies Inc PLTR joined the prestigious Nasdaq-100 index on Dec. 23, a milestone often seen as a vote of confidence for companies with promising growth trajectories.Yet, rather than boosting investor sentiment, the stock has since tumbled over 15%, vastly underperforming broader market benchmarks. For comparison, the SPDR S&P 500 ETF SPY slipped just 0.87%, while the tech-heavy Invesco QQQ Trust, Series 1 QQQ fell a modest 1.45% during the same period.High Expectations, Harsh RealityInclusion ...