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Palantir Stock Falls as Contract Growth Slows and Long-Term RPO Declines

Palantir Stock Falls as Contract Growth Slows and Long-Term RPO Declines

Photo: The Crypto Basic

Palantir Technologies (NASDAQ: PLTR) shares were quoted nearly 8% lower early Tuesday after the company's third-quarter earnings, released after Monday's market close, showed slower growth in newly signed contract value and a decline in long-term remaining performance obligations despite revenue rising 96%. The stock traded near $164.15 at 08:00 a.m. Visit Website

Source: The Crypto Basic

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