Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
Publishing timestamp: 2025-02-19 20:54:15
Summary
Palantir's share price dropped by 12% following reports of potential cuts to the U.S. defense budget and CEO Alex Karp's new stock trading plan. The company had been one of the top-performing stocks in the U.S. before the drop.
Sentiment: NEGATIVE
Keywords: breaking news: politics, defense, pete hegseth, government and politics, markets, business, tesla inc, palantir technologies inc, breaking news: technology, breaking news: markets, technology, donald j. trump, business news, politics,
Source: https://www.cnbc.com/2025/02/19/palantir-shares-pentagon-cuts-trump.html