U.S. stock market fluctuations | Palantir (PLTR.US) drops more than 6.7% Q3 financial report is impressive but the market is concerned about its high valuation.
According to the Zhtng Finance and Economics APP, on Tuesday, the stock price of Palantir (PLTR.US) fell, with the stock dropping more than 6.7% to $193.2 as of the time of publication. In terms of news, Palantir's third-quarter revenue was $1.18 billion, a year-on-year increase of 63%, higher than analysts' expectations of $1.09 billion. The company expects fourth-quarter revenue to be $1.33 billion, higher than analysts' expectations of $1.19 billion.
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