PTIR is trading at $8.69 (-3.01%) as the broader technology and AI selloff intensifies, impacting Palantir-linked assets.
- As a 2x leveraged PLTR ETF, PTIR is magnifying the overnight weakness seen in Palantir shares.
- Investor sentiment remains fragile following a reversal in megacap tech and semiconductors as markets question stretched AI valuations.
- The downward pressure follows a sector-wide trend that began on June 23, driven by a significant shift in risk appetite across the technology landscape.