Palantir (PLTR) Stock Falls Nearly 8% Despite Earnings Beat

TLDR Palantir stock dropped nearly 8% in Tuesday’s premarket trading despite stronger-than-expected third-quarter earnings. Palantir reported $2.313 billion in quarterly revenue, representing 96% annual growth. Total contract value rose just 6% year over year to $2.918 billion, compared with 49% growth in the previous quarter. U.S. commercial contract value growth slowed to 11% from 153% [...]

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