Palantir Technologies shares fell to a new 52-week low on Thursday, with Palantir stock sliding 5.4% to 107.33 in morning trading. At one point, shares in Palantir Technologies touched 107.09, the lowest level of the past year.
That move put more pressure on a stock that has already been in retreat for seven straight trading sessions. For shareholders, the drop is hard to miss because it leaves PLTR well below recent levels and extends a selloff that has wiped out 36% of the stock in 2026.
The decline also stands out because there was no company-specific catalyst identified with the move. Instead, the weakness arrived as part of a broader slide in Palantir Technologies shares, even as Core PCE Inflation rose to 3.4%, as expected. That leaves the market focused less on a single headline and more on the continued loss of momentum in the shares themselves.
The immediate question now is whether Palantir stock can stabilize after breaking to a fresh yearly low or whether Thursday turns out to be another step in a deeper reset. For now, the chart is doing the talking, and it is still pointing lower.
