Celtic Finance Institute

News Details

February 19, 2025

Palantir stock sinks on report of defense spending cuts

Palantir shares closed 10% lower on Wednesday on a Washington Post report that the Trump administration wants to cut Defense Department spending.

Asking for a Trend Host Julie Hyman reports the details in the video above.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here .

This post was written by Stephanie Mikulich.

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