PLTR fell 5.4% to 107.33 on Thursday, and Shares in Palantir Technologies touched a new 52-week low of 107.09 in earlier trading. For shareholders, that means a fresh mark down for a stock already down 36% in 2026 and sliding for seven trading sessions.
Cathie Wood buys $49 million
Cathie Wood and ARK Invest bought $49 million of Amazon, Tesla, Alphabet, Palantir, CoreWeave and Cerebras on Tuesday, June 24, 2026. That trade gave Palantir a vote of confidence before Thursday’s drop, but it did not stop the stock from setting a new low in morning trading.
Palantir hits 107.09
107.09 was the low point reached in earlier trading on Thursday, before the stock recovered to 107.33 later in the morning. In market terms, a 52-week low is the weakest price reached over the prior year, so this move resets the reference point for traders who track support levels and momentum.
36% is the size of Palantir’s 2026 decline, and that loss came while the stock pulled back across seven straight trading sessions. The sequence matters because it shows the move was not a one-day shakeout; sellers kept pressing the shares lower session after session.
Seven sessions, one weak tape
Seven trading sessions of declines leave little room for a simple bounce narrative. Even with Cathie Wood and ARK Invest buying on Tuesday, the stock still closed Thursday’s morning stretch at a level that sits far below where it began the year, a sharp contrast for one of the market’s most watched names.
What caused the seven-session decline remains the open question. Until that driver is visible in the price, the practical signal for holders is the same: PLTR is trading under its prior 52-week floor, and any rebound now has to work back through a fresh low set at 107.09.
