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Palantir Stock Just Fell 8 Days in a Row. History Says What Followed Its Only 2 Longer Losing Streaks

Palantir Technologies (NASDAQ:PLTR) stock closed lower for eight straight trading sessions through Thursday, Nov. 5. Over that span, shares dropped from $198. 84 to $154. 99, a fall of around 22%. That put the AI software maker's stock about 26% under its record close on Oct. 9. By my count of daily closes since Palantir started trading in September 2020, only two losing streaks have lasted longer. One was a 10-day slide ending May 10, 2021. The other was a nine-day slide ending March 1, 2023.

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