Why Palantir (PLTR) Shares Are Plunging Today [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Venezuela, which could translate to a 45% tariff on some Chinese goods. This announcement could significantly raise the operating costs for affected companies and institutions. Adding to the market unease, the President announced plans for new tariffs on auto imports before the planned "reciprocal" tariffs on April 2, 2025. The shares closed the day at $92.25, down 4.4% from previous close. The stock market overreacts to news, and bi
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News
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- Dow Jones Futures: Trump Tariffs On Autos Trigger Market Sell-Off; Nvidia, Tesla, Palantir Hit [Yahoo! Finance]Yahoo! Finance
- Nasdaq Post-Correction: My Top 3 AI Stocks to Buy Before They Soar [Yahoo! Finance]Yahoo! Finance
- Is Palantir Technologies Stock a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Palantir, MongoDB Defy Software Slowdown With Strong Q4 Beats [Yahoo! Finance]Yahoo! Finance
PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 3/26/25 - Form 4
- 3/26/25 - Form 3
- 3/19/25 - Form 4
- PLTR's page on the SEC website