Palantir stock fell 3% due to U.S. credit downgrade despite positive performance

From Yahoo Finance: 2025-05-19 11:26:00

Palantir shares fell 3% on Monday due to a U.S. credit downgrade from Moody’s. Despite the drop, the AI software company’s shares have gained two-thirds of their value in 2025. Bank of America analysts praised Palantir as a “market definer” for its recent deal with NATO, showcasing its superior capabilities. Earlier this month, Palantir reported better-than-expected quarterly sales and raised its full-year outlook.



Read more at Yahoo Finance: Palantir Stock Slides Monday After Hitting Record High Last Week