Pentagon Palant after budget report, Carp sales plan

Stock price Palatitarian CEO Alex Carp’s new stock market fell to 12.5% ​​Wednesday after the news adopted report The Pentagon ordered the US defense budget to be preparing to cut down to 8% for the next five years.

Palance is best known for contracting program and technology services for defense agencies.

Tuesday night, Palantir is a the films of the regulation The company’s new plan will allow 10 million companies to sell their shares in the new plan.

Washington Post Secretary of Defense on Wednesday Pete Hegseth In the next half years, Pentagon leaders and other military brass ordered to prepare their plans to delete the defense budget. The budget for the current financial year is about $ 850 billion.

The writing said he ordered the compilation of the proposed cuts on Monday.

Palance, $ 112.06 per share on Wednesday, a drop of 10%. Shares in the post-hour trade were more than 1.5%.

The company, which amounted to $ 255 billion, in early February, $ 828 million in the fourth quarter of 2024, earned 14 kopecks per share.

Prior to the sharp fall on Wednesday, the Palant was one of the highest stocks in the United States for the past two years, including about 50% increase in this year, increased by 50%.

Palance is trading in a profit rate of about 600 to 1 to 1.

Trump management has been engaged in the extensive efforts of the government’s expenses and the number of federal government officials since the president Donald Trump On January 20, it was opened for a second result.

Trump Tesla CEO appointed CEO Elon Musk, “Government Efficiency Department” Dubley to control the audience.

Musk and Trump, some steps in the Federal Court were taken under some steps protested in the Federal Court, to reach the target of the DoGe’s goal.

Tuesday, KARP founding the company with Peter Thiel, Defended Musk during an image in CNBC “Squawk box.”

“What you need to do is progressive, ‘Ok, Elon, the most suitable person in the world is the most suitable person to do something like this,” We want a dialogue about what you do,’ ‘he said.

“I don’t believe it,” he said.