Palantir stock slumps 9%, falling for a fifth-straight day from record
1. Palantir's stock fell over 9%, continuing a five-day decline. 2. The stock slid 15% after reaching all-time highs from a stellar earnings report. 3. Palantir reported its first-ever $1 billion revenue quarter this month. 4. The company remains a top gainer in the S&P 500, up over 100%. 5. Its forward price-to-earnings ratio soars past 245, significantly higher than peers.