Shares in Palantir TechnologiesPLTR tumbled in early action on Wednesday, declining for the sixth straight session. With Wednesday's retreat, Palantir stock is down roughly 22% from its all-time high.

Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) fell 6% in the morning session after a prominent short-seller reiterated its bearish stance on the company, citing significant overvaluation and heavy insider selling.

Palantir shares continued to slide as investor concerns over high valuation outweighed positive news about its partnership with Fujitsu.

Among the Nasdaq 100 stocks, Analog Devices ADI and Palo Alto Networks PANW rallied 3.7% and 1.6%, respectively, making them some of the best performers at the market open. On the downside, Intel INTC and Micron Technology MU tumbled 4.1% and 3.6%, respectively.

Palantir Technologies (NASDAQ:PLTR) slid more than 9%, while Oracle lost over 5%. Both names have benefited this year fr

Stock futures fell Wednesday as markets awaited earnings from big-name retailers and the release of minutes from the latest Federal Reserve meeting.These stocks were poised to make moves Wednesday:Palantir Technologies fell 0.

The stock market rally technically was mixed Tuesday, with the Dow eking out a tiny gain. The Nasdaq skidded as high-octane growth names tumbled, including Palantir Technologies PLTR, Credo Technology CRDO, AppLovin APP, as well as GE Vernova GEV, Oracle ORCL, Advanced Micro Devices AMD.

Palantir Technologies Inc. (NASDAQ: PLTR) continues to delight shareholders and confound its critics. The company’s latest earnings report shows a company that’s been hitting on all cylinders for quite some time.