Palantir Technologies Shares Plummet Amid Concerns Over US Defense Budget Cuts
918+ Words Refined into 4 Facts by AI • 1 source • 3h ago
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- Palantir shares fell 10.40% after US defense budget cuts news.
- Government contracts make up 54.9% of Palantir's revenue.
- Analysts predict a 22.03% drop in Palantir's stock target price.
- Palantir aims to grow its commercial sector to offset defense risks.
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