BUZZ-Palantir set to fall for third straight session

** Shares of data analytics firm Palantir Technologies PLTR.O down 2% at $68.56 premarket, extending their recent streak of declines

** Stock hit a 4-week low on Tuesday, has shed about 12.5% in the past two sessions and down 17.5% from its record high of $84.80 on Dec. 24

** The recent consolidation comes after stock's 340% surge in 2024 where it emerged the best S&P 500 performer

** PLTR trades more than 148 times its 12 months forward earnings estimate, among the highest on Wall Street and well above its 2-year average multiple of 72 - data compiled by LSEG

(Reporting by Medha Singh)

((medha.singh@thomsonreuters.com))