Palantir Stock Drops 7% Amid Contract Loss Concerns

Palantir Technologies (NASDAQ:PLTR) fell 7% to around $120, underperforming its software peers like Palo Alto Networks and CrowdStrike. The decline follows reports of a contract phase-out with a French intelligence agency, reigniting concerns about European business losses.

By David Moadel Mon, June 22, 2026 at 7:40 PM GMT+3 4 min read · Yahoo Finance · June 22, 2026, 16:40 UTC

Palantir Stock Drops 7% Amid Contract Loss Concerns

Tickers: $CRWD $PANW $PLTR

Topics: contract loss concerns Palantir software sector underperformance

Read the full article at Yahoo Finance

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