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Palantir Shares Plunge Amid Index Rebalancing, Rise 250% Since September

6/30/2025

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Summary

Story summary

Palantir Technologies (PLTR) shares dropped 9.4% on Friday due to Russell U.S. index rebalancing, despite a 250% rise since September 23.
Upcoming S&P Global rebalancing on Monday could further affect PLTR stock.
Shares surged nearly 5% following a partnership announcement with Accenture for U.S. government contracts.
In 2025, Palantir's stock has increased 73%, fueled by strong investor interest in AI.

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Story summary

Palantir Technologies (PLTR) shares dropped 9.4% on Friday due to Russell U.S. index rebalancing, despite a 250% rise since September 23.
Upcoming S&P Global rebalancing on Monday could further affect PLTR stock.
Shares surged nearly 5% following a partnership announcement with Accenture for U.S. government contracts.
In 2025, Palantir's stock has increased 73%, fueled by strong investor interest in AI.