Palantir Technologies Inc. (NYSE:PLTR) shares are trading lower in the premarket session on Friday.
According to Benzinga Pro, PLTR stock has lost over 6.9% in the past five days. Despite the downturn, Palantir received an endorsement from Jim Cramer on April 12. Cathie Woods’ Ark Invest purchased more than $475,000 of Palantir shares recently, deepening its investment in AI technology.
Investors can gain exposure to the stock via ProShares Big Data Refiners ETF (NYSE:DAT) and SoFi Social 50 ETF (NYSE:SFYF).
The software company has reportedly held meetings with agencies to present use cases for inventory and supply chain planning, ...