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But PLTR stock has declined 25.2% in price over the past month and 27.1% over the past three months. Closing yesterday’s trading session at $19.46, it is currently trading 56.8% below its 52-week high of $45, which it hit on January 27, 2021.
And in September, the U.K. government announced that it was ending a partnership with PLTR following concerns from privacy organizations about lack of transparency. These concerns, along with PLTR’s mixed profitability and lofty valuations, could affect its future performance.