Palantir Technologies is trading at €176.70 (-3.82%) as hotter-than-expected U.S. inflation reignited concerns about higher interest rates and pressured technology and growth stocks.
- The active software-sector trend points to a broad sell-off rather than a Palantir-specific catalyst.
- Palantir settled its London Metropolitan Police contract lawsuit on October 14; reporting described this as resolving a legal overhang, not causing the decline. No clear company-specific negative announcement was identified.