Probably a case of rotation too. Money being sucked up by MSTR, Tesla and AVGO.

Palantir Shares Drop Over 3% Amid Holiday Profit-Taking

"Last week, Baird analyst William Power also warned against chasing Palantir stock gains, noting the shares have outpaced the S&P 500 big time, "suggesting high expectations, though we also acknowledge the strong, accelerating operating momentum."While Palantir's outlook remains strong, the stock is seriously extended, up more than 160% from its buy point, according to IBD MarketSurge. Shares are 104% above their 200-day moving average. Stocks trading more than 70% to 100% above their 200-day li
Palantir Shares Drop Over 3% Amid Holiday Profit-Taking

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