Palantir Technologies Inc (NASDAQ:PLTR) shares are backing off on Wednesday as money rotates out of big-cap tech and into more defensive corners of the market. The Nasdaq is off 0.37% and the S&P 500 is down 0.16%.

Palantir Technologies Inc (NASDAQ:PLTR) shares are backing off on Wednesday as money rotates out of big-cap tech and into more defensive corners of the market. The Nasdaq is off…

Palantir Technologies Inc. Class A (PLTR) is currently at $141.72, up $9.21 or 6.95%