Stock Movers Closing Bell: Palantir Higher, Centene and American Airlines Down Amid Gov. Shutdown
Nov 10, 2025
Palantir surged nearly 9% in its best day since April, sparking interest amid discussions of investor strategies. Meanwhile, Centene and other health insurers faced significant declines tied to government shutdown fears and uncertainties around ACA subsidies. American Airlines struggled with operational challenges, canceling 1,400 flights and logging over 57,000 delay minutes. The semiconductor sector received a boost with Micron's gains, while C3 AI's strategic shifts and consumer spending data indicated further trends affecting the airline industry.
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Palantir Rebounds Amid Contrasting Bets
- Palantir jumped nearly 9% after recent heavy selling, marking its best day since April 9.
- Michael Burry's recent bearish put position on Palantir contrasts with renewed investor interest in the stock.
Health Insurers Slide Over ACA Subsidy Risk
- Centene plunged about 8.8% as lawmakers near ending the government shutdown without ACA subsidy extensions.
- Broader US health insurers and hospitals also fell on the risk that ACA credits won't be secured.
Vote Pledge Fails To Calm Markets
- Senators obtained a pledge for a separate vote on health-care tax credits, but market skepticism remains about follow-through.
- Clients are asking whether Republicans will negotiate in good faith on that vote.