Insight Guru Inc.
11/04/2026 | Press release | Distributed by Public on 11/04/2026 02:33
Palantir Technologies Stock Slides 12% Over 6 Straight Down Days
Palantir Technologies (PLTR) stock is on a 6-day losing streak, down 11.8% since the run began. That erased about $56.3 billion from the company's market value, which now stands at about $420.9 billion. The stock closed at $175.40 on Tuesday, November 3, 16.1% below its 52-week high of $209.05 and 63.5% above its low of $107.27.
The Streak Next To The S&P 500
Returns for PLTR and the S&P 500 over the streak and the periods around it, all ending Tuesday, November 3 and including dividends:
| Return Period | PLTR | S&P 500 |
|---|---|---|
| 1 Day | -1.6% | 0.4% |
| 6 Days (Current Streak) | -11.8% | -1.4% |
| 1 Month (21 Trading Days) | -7.4% | -2.6% |
| 3 Months (63 Trading Days) | 10.7% | -1.7% |
| Year To Date | -1.3% | 11.6% |
| 1 Year (252 Trading Days) | -12.5% | 11.9% |
How The Streak Compares With The Market
The market explains little of this: the S&P 500 lost 1.4% over the same 6 sessions, including dividends, against Palantir Technologies' -11.8%. 1 other S&P 500 stock is currently on losing streaks of 6 days or longer. Over the past three months the stock is up 10.7%, a window that includes the streak; over the other 57 sessions of that window it was up 25.5%.
Do The Fundamentals Justify The Selling?
On the fundamentals, revenue grew 78.9% over the last twelve months, against a median of 17.9% for S&P 500 Information Technology stocks; its operating margin is 42.8%, versus a median of 21.6%; and the stock trades at 139.5 times trailing earnings against a median of 30.7. The read is mixed: revenue growth above the median and margins above the median on one side, a multiple well above the median on the other.
A slide like this raises an obvious follow-up: which marked-down stocks are actually worth buying? Our Buy the Dip screen runs that test every day, flagging beaten-down names whose fundamentals still hold up.
Prefer the theme to the single name? A software ETF like IGV holds the whole group, not just this stock. It is still a concentrated bet on one theme, which is the gap the portfolio below is built to close.
A Slide Like This Is Why Diversification Exists
Watching one stock fall day after day is the clearest lesson the market teaches about single-name risk. Whether this particular decline is an opportunity or a warning, the deeper point is the same: no one name should be able to do this to your portfolio.
The Trefis High Quality (HQ) Portfolio is built on that principle: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Study the slide; spread the risk.
Insight Guru Inc. published this content on November 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 04, 2026 at 08:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]