Palantir's Stock Takes A Hit: Will AIPCon And Defense Deals Be The Comeback Catalyst?

Palantir Technologies Inc PLTR has been on a wild ride – up 215.99% over the past year, but down 33.51% in just the last month. The stock is now stuck below its key moving averages, flashing strong bearish signals. Can the upcoming AIPCon and a wave of high-profile deals set PLTR up for a turnaround?Is PLTR Stock Facing A Technical Knockout? Chart created using Benzinga ProPLTR stock, at $78.05, is trading below its five, 20 and 50-day exponential moving averages, signaling continued selling pressure. The e ...