Why Palantir Technologies (PLTR) Stock Is Trading Lower Today
What Happened?
Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) fell 4.2% in the afternoon session after the April PPI report sent Treasury yields to 10-month highs, with the 10-year yield rising to 4.49%.
This ‘sticky and accelerating’ inflation data effectively eliminated 2026 rate-cut hopes,
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