Palantir stock plummeted 15.9% due to macroeconomic risks, including tariffs and export restrictions

From Nasdaq.: 2025-03-01 17:34:12

Palantir (NASDAQ: PLTR) stock saw a significant pullback of 15.9% this week, reacting to potential macroeconomic risks like tariffs and other factors. The company’s valuation sank further after Nvidia’s fourth-quarter report. Palantir shares were hit by news of new tariffs on Mexico and Canada, as well as export restrictions on certain chip equipment to China. The overall tech sector, including AI stocks like Palantir, faced uncertainties due to geopolitical tensions and macroeconomic concerns. Despite recent sell-offs, Palantir’s stock is still valued at high multiples, down roughly 32% from its peak.

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