Palantir falls about 8% before the bell as new contract signings slow

Palantir's shares were down about 8% in trading on Tuesday, near $164, after Monday's results. Revenue rose 96% to $2.31 billion and the full-year forecast went up to $8.53 billion, but , the measure of new business signed, grew 6% against 49% the quarter before. The chief financial officer tied shorter deal durations to customers starting on Palantir's new products. SourcesB C