Palantir Stock Falls Despite Earnings Beat as Contract Growth Raises Concerns

Fuente: International Business Times

Shares fell about 8% to $164. 05 in premarket trading Tuesday, despite quarterly sales exceeding Wall Street forecasts. Ina Fassbender/AFP via Getty Images Palantir Technologies delivered another quarter of surging revenue and raised its sales outlook, but investors sent its shares lower as slower contract growth raised questions about whether the artificial intelligence software company can sustain the expectations embedded in its stock price.