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Why Palantir Stock Is Falling Again Today

·3-min read

A day after shares of Palantir Technologies (NYSE: PLTR) plunged due to a disappointing quarter, analysts aren't giving investors much reason to get excited. Shares of Palantir are down another 6% on Tuesday as Wall Street adjusts expectations for the remainder of the year. On Monday, data analytics company Palantir reported revenue up 26% but its loss of $0.09 per share in the quarter was worse than analysts had expected.