Palantir Shares Drop After Russell Rebalancing and Index Changes
Palantir Shares Drop After Russell Rebalancing and Index Changes
Palantir stock fell 9.4% amid Russell index rebalancing and S&P 500 changes, despite recent 250% gains since joining the index. Passive manager trading pressures and index rebalancing are expected to impact shares, which remain strong in 2025 due to government contracts and AI investor enthusiasm.
