How much has Palantir stock lost this month?

The stock has lost about 30% this month, heading for its worst monthly performance in five years.

Is Palantir stock still up year-to-date?

Yes, the stock is still up over 50% year-to-date.

Palantir Stock Rises, May Snap 7-Day Losing Streak; Cathie Wood Buys Dip

Palantir (PLTR) shares rose on Friday, potentially ending a seven-day losing streak. The move follows Cathie Wood's ARK Invest buying the dip. Still, the stock is on track for its worst monthly decline in five years.

June 26, 2026

2 min read

Source: Barrons.com

Palantir Technologies (PLTR) shares rose on Friday, poised to snap a seven-day losing streak. The bounce comes after Cathie Wood's ARK Invest bought the dip in the stock. Despite the gain, the stock remains on track for its worst monthly performance in five years.

Possible Reasons

The direct catalyst is ARK Invest's purchase, as Cathie Wood is known for buying dips in stocks she believes in. Additionally, the stock had entered oversold territory after consecutive losses, attracting bargain hunters.

Context

Palantir shares have lost about 30% this month, weighed by profit-taking after a strong rally earlier this year and concerns over slowing government spending on defense contracts. The stock is still up over 50% year-to-date.

Similar Moves in the Sector

Other defense tech stocks like Lockheed Martin and Northrop Grumman are trading mixed, but Palantir remains the most volatile due to its high valuation multiples.

Frequently Asked Questions

The stock rose after Cathie Wood's ARK Invest bought the dip, helping snap a seven-day losing streak.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.