Back to News
Mar 24, 2026 12:01 PM

What's Going On With Palantir Shares On Tuesday?

Palantir Technologies (NASDAQ:PLTR) shares are trading lower during Tuesday’s premarket session as risk appetite softens across equities and traders lean defensive early.

Nasdaq futures are down 0.22% while S&P 500 futures have shed 0.25%, and Technology is fractionally lower, keeping pressure on high-multiple AI software names.

Palantir stock rallied yesterday following a mix of geopolitical relief and significant military contract news.

The broader market recovered after President Donald Trump signaled a five-day pause on planned U.S. strikes.

Trump described recent discussions with Iranian officials as "very good and productive" via Truth Social. This follows a tense weekend involving an ultimatum regarding the Strait of Hormuz.

Also, Reuters reported Friday that the Pentagon will formally adopt Palantir's Maven Smart System. Deputy Secretary of Defense Steve Feinberg issued the directive on March 9. The move locks in long-term funding ...