Palantir tumbles 8% after Q3 results
Full story
Palantir Technologies saw its shares drop more than 8% in premarket trading on Tuesday. This decline occurred despite a strong performance in the third quarter. The drop was driven by slowing contract growth. High expectations from investors also played a role in the price decrease.
Shares of Palantir Technologies fell more than 8% in premarket trading on Tuesday as slowing contract growth and extremely high expectations overshadowed a strong third-quarter performance.