Palantir Technologies is trading 6.4% lower at ARS 104775.00 amid broader pressure on technology stocks.
- No clear company-specific announcement was identified to explain the move.
- Hotter-than-expected U.S. September inflation revived concerns about further Federal Reserve rate hikes.
- Reuters reported that higher-rate concerns were deepening the selloff in AI-related stocks; software-sector weakness also supports a sector-wide explanation.