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Palantir (PLTR) Stock Falls 6% Despite New Army Contract and Executive Hire

By Trader Edge at 2026-09-08 21:33

Sentiment: Positive

TLDR PLTR dropped 6% on Sept. 2, 2026, even as the company announced an Army TITAN contract win Peter Zaffino, former AIG executive chairman, is joining Palantir as global head of financial services The sell-off is linked to profit-taking at a stretched valuation of around 144 times earnings A spike in the 10-year Treasury yield [...] The post Palantir (PLTR) Stock Falls 6% Despite New Army Contract and Executive Hire appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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