Palantir has underperformed the broader market this year with declines of more than 20% while the Nasdaq 100 and S&P 500 have both rallied close to 30%. The stock's latest plummet was triggered by signs of deceleration in the company's government segment, a core driver of the consolidated business growth.
Palantir: A Rebound May Be In Order With Potentially Stronger-Than-Expected Earnings Ahead