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Palantir (NASDAQ: PLTR) stock fell 2.6% in Friday’s trading, with a peak decline of 5.2% earlier, amid broader market declines of 0.5% for the S&P 500 and 0.2% for the Nasdaq Composite. Investor concerns regarding recent U.S. jobs data, potential implications for interest rates, and insider stock sales contributed to the valuation drop.
