Shares of Palantir Technologies Inc. PLTR,
it sank 7.0% in high volume, to a sixth straight loss in Thursday morning’s trading, and put them on track to suffer the longest loss streak since it went public. the expiration of the closing period puts all outstanding shares available for trading. Trading volume increased to 165.4 million shares, now nearly three times the average of 66.2 million shares throughout the day over the past 30 days, and enough to convert the company’s shares Massive data software in the major operations of major US stock exchanges. Shares have fallen 34.0% during their losing streak and have now fallen 35.4% since closing at a record $ 39.00 on Jan. 27. Helping fuel the falls is investors ’concern about the expiration of the close and a disappointing report from the fourth quarter last week, in which the company reported a surprise loss, although revenue rose more than expected. The company had approximately 1.6 billion shares outstanding when it went public, but at the time it was allowed to sell less than 500 million shares. Despite the recent sale, the shares, which were made public on September 30, have still increased by 40.7% over the last 30 days, while the IPO of Renaissance ETF,
has risen 28.5%, the XSW ETF for Software and Services SPDR S&P,
has risen 31.2% and the S&P 500 SPX,
has gained 9.3%.