🔴 PLTY is trading 3.38% down in pre-market as slower contract bookings pressure Palantir exposure

PLTY is trading at $31.42, down 3.38%, as investors focus on slower contract bookings despite strong Q3 results and raised guidance.

• Palantir’s companywide contract value bookings grew 6% year over year.
• Overnight coverage also cited concerns about AI investment sustainability and potential data center restrictions following election results.
• PLTY closed at $32.52 on November 3 after recent declines; the pre-market move extends that weakness, and no PLTY-specific announcement was found.