Shares of Palantir Technologies Inc. (PLTR) are trading -7% lower at a price of $8.505 at the time of this writing despite billionaire Stanley Druckenmiller doubling down. While it's a slightly bearish day for the Information Technology sector in general, the stock is falling behind it's peers.


Palantir Technologies Inc. has been trading between a 52-week high of $29.29 and a 52-week low of $6.44. The stock has a market cap of $16.7 Billion.

Palantir Technologies Inc. is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps customers across the public, private, and non-profit sectors transform the way they use their data.

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Active options: GOOGL COIN F MSFT RIOT SQ PLTR SNAP BBIG MARA AMAT
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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

BussySlayer69 - 60 upvotes - source
hello BBBY bagholders, everything will be alright greetings from a PLTR bagholder, cost basis of $31

Mrheadshot0 - 25 upvotes - source
*pltr all over again🙄*

Livid_Relationship18 - 22 upvotes - source
I sold 500 shares of PLTR and got into BBBY i am a true regard

Gordozon - 19 upvotes - source
Apes will never learn unfortunately. Gme, amc, dwac, loopring, bbby, bb,tilray, sundial, pltr the list goes on and on

PermanentBand - 16 upvotes - source
Yeah it's changed a lot since GME. I'm a SLV and PLTR idiot, made money on KODAK.. just trying to date myself. This place has _changed_ baby.

Toastersman - 15 upvotes - source
Where is PLTR?

wathon2 - 10 upvotes - source
Don't be so down APE, Look on the bright side, at least you didn't buy SPCE at 50$, Wish at 30$, PLTR at 35$, GME at 400$, ect... This BBBY drop is nothing compare to the Meme stocks drop, there are people still holding the meme stocks bag from years ago.

Mrheadshot0 - 10 upvotes - source
Dude this all a plan to help revive pltr. He’s going to put the money back into pltr….

Muted_Idea - 10 upvotes - source
I was about to make fun of BBBY holders but then I remembered I own PLTR

notagoodtraderokay - 9 upvotes - source
guy: Will my PLTR calls be okay tomorrow? Kid on Twitter who's not even old enough to legally trade: Yes guy: Thanks man!