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Why Palantir Stock Plummeted in November

Why Palantir Stock Plummeted in November

It has been a little over a year since Palantir Technologies' (NYSE: PLTR) much-celebrated initial public offering, which saw the stock jump nearly 150% from its initial trade through September. Palantir is a data analytics company that sells to both the government and the private sector. Its tech is well regarded, and credited both with helping the Pentagon find Osama bin Laden and with sniffing out the Bernie Madoff fraud.