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Tag: WallStreetBets

Palantir Technologies Shares Decline As Loss Surprises Investors

Palantir Technologies Shares Decline As Loss Surprises Investors

Palantir Technologies reported fourth-quarter earnings results Tuesday, posting a wider-than-expected loss while beating revenue forecasts. Revenue was mainly driven by the government segment which grew 85% year over year, reaching $190 million. Shares declined 6% in premarket trading as investors were shocked to see the loss.