Why Applovin, Gartner, and Palantir Shares Dipped
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Corporate budgets for online advertising are shrinking, leading to a 15% drop in AppLovin (APP) shares. Gartner (IT) shares fell 6% as concerns about elevated churn in 2026 arise, while Palantir (PLTR) continued its sell-off, closing down 5.56%. Investors are wary of its high price-to-earnings ratio. The overall sentiment in the stock market reflects skepticism towards these companies amid economic downturns and competition from AI solutions.
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