00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Palantir Technologies hit a new 52-week low Monday, falling nearly 7% as traders rotated
00:08out of high multiple AI and software stocks, according to Benzinga. The move appeared driven
00:13by technical pressure and market sentiment, not a company-specific negative headline.
00:18After the close, Palantir announced a foundational role in the U.S. Army's next-generation command
00:23and control common data layer. The program places Palantir's foundry platform at the
00:28center of a key battlefield data architecture, alongside partners including Anduril Industries
00:33and other defense contractors. The announcement failed to spark a relief rally. Shares were down
00:38by 7.29% at $119.11 in Tuesday's pre-market trading, according to Benzinga ProData.
00:46For all things money, visit Benzinga.com.
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