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Palantir shares slump as investors weigh bond yields and Big Tech

The stock’s pullback follows a strong postearnings rally in August, which had lifted its valuation multiple.

Reported · Written up by our desk · Equities

Palantir shares are sliding again after a strong rally that followed the company’s earnings in August, according to MarketWatch.

The outlet points to pressure on Palantir’s valuation multiple, suggesting that market factors including bond yields and Google are weighing on sentiment as the stock declines.

MarketWatch frames the move as a reset from the earlier postearnings strength, with the shares now under renewed scrutiny tied to interest rate expectations and the broader tech environment.

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