Palantir stock falls today: UK defence deal, ICE scrutiny and the Feb. 2 earnings test
Palantir shares fell 1.9% to $148.98 in early Friday trading, lagging the broader market ahead of its Feb. 2 earnings report. The UK Ministry of Defence awarded Palantir a £240.6 million contract for analytics support. Investors showed caution amid sector-wide jitters and renewed concerns over AI investment costs.