Palantir Enters Elite S&P 100, But Investors Hit the Panic Button
Shares of Palantir Technologies (NYSE: PLTR) tumbled 6% even after the company secured a coveted spot in the S&P 100 index. The drop came as a surprise to many investors who expected the milestone to drive a rally. Instead, the stock closed at $76.38, leaving traders wondering what’s causing the sell-off. Palantir Joins the S&P…