Palantir Stock Dips Despite $1B DHS Deal, Rackspace Partnership
Palantir Technologies stock declined 1.5% to $132.89 on Friday, underperforming the broader software sector. The move came amid conflicting catalysts including a reported $1 billion U.S. Department of Homeland Security contract, a new strategic partnership with Rackspace Technology, and an analyst upgrade from Mizuho Securities.
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