Shares of Palantir Technologies Inc. PLTR, -7.22% took a 7.5% dive in afternoon trading Wednesday, putting them on track for a third-straight loss, which would be the longest such streak in 7 weeks. The software company's stock has now shed 12% since it closed at a 17-month high of $16.60 on June 15.
Palantir stock falls into ‘correction' territory amid a 3-day losing streak