Stock Track | Palantir Technologies Plummets 5.03% Amid Nvidia China Probe and Profit-Taking
Shares of Palantir Technologies Inc. plummeted 5.03% on Monday, amid a broader tech sector selloff triggered by news of a Chinese probe into Nvidia and potential profit-taking after the stock's recent surge.The selloff was partly driven by reports that China's State Administration for Market Regulation had opened an investigation into Nvidia on suspicion of anti-monopoly law breaches. Nvidia's shares fell 2%, weighing on the broader tech sector.Palantir's stock, which has gained over 344% year