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What's Happening With Palantir Stock Today?

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 9.58% at $16.70 in Tuesday's pre-market session despite the company reporting better-than-expected first-quarter sales results.

05/11/2021 09:24

Palantir Technologies Inc (NYSE:PLTR) shares are trading lower by 9.58% at $16.70 in Tuesday's pre-market session despite the company reporting better-than-expected first-quarter sales results.

Palantir reported quarterly earnings of 4 cents per share, which met the analyst consensus estimate. The company reported quarterly sales of $341 million, which beat the analyst consensus estimate of $332.23 million.

Palantir provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes.