Palladyne AI stock slips premarket after Air Force “HANGTIME” contract sparks sharp rally
Palladyne AI shares fell 1.2% to $7.34 in Thursday’s premarket after surging 14% Wednesday on news of a U.S. Air Force Research Laboratory contract for “swarming” autonomy. The company has not disclosed the contract’s value or timeline. Traders await further details ahead of Palladyne’s earnings report on Feb. 19.
