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    Home»News»Palantir leads enterprise stocks lower amid potential DOD budget cuts
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    Palantir leads enterprise stocks lower amid potential DOD budget cuts

    Press RoomBy Press RoomFebruary 20, 2025No Comments1 Min Read
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    Paperless workplace idea, e-signing, electronic signature, document management. Businessman signs an electronic document on a digital document on a virtual notebook screen using a stylus pen.

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    Palantir Technologies (NASDAQ:PLTR) led enterprise software stocks lower on Thursday after reports of potential budget cuts by the Department of Defense.

    Shares of Palantir, which develops software platforms for the intelligence community, fell about 10%. However, Wedbush Securities noted that

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