Why Is Palantir Technologies (PLTR) Stock Price Down 6.08% Today, July 28? Profit-Taking and Valuation Concerns Reverse Monday’s Rally

Palantir Technologies (PLTR) fell 6.08% to $123.53 on July 28, 2026 as profit-taking followed Monday's 7% surge and valuation concerns weighed on the shares. Read the daily analysis of Palantir's earnings outlook, momentum risk and key technical levels.

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