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Palantir Faces $73 Billion Loss Amid Stock Decline

8/21/2025

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Story summary
  • Palantir Technologies Inc. has seen a six-session stock decline, losing $73 billion in market value.
  • Shares have dropped over 17% since August 12, marking the longest losing streak since April 2024.
  • The decline has pushed Palantir out of the top 20 U.S. companies and into correction territory.
  • This downturn follows a broader market sell-off and a critical report from Citron Research.