TradingKey – On November 2, Palantir (PLTR)’s latest earnings report continued to maintain rapid growth, but the stock price weakened continuously after the earnings release. On November 5, PLTR tumbled 9.73% to close at $154.99, marking its eighth consecutive trading day of declines, touching an intraday low of $152.60 with volume of approximately 50.38 million shares. Compared to its all-time high of $212.94 in mid-October, the stock has pulled back about 27% cumulatively.
Based on its latest earnings report, Palantir’s third-quarter revenue reached $2.31 billion, up 96% year-over-year and exceeding market expectations of approximately $2.18 billion; U.S. commercial revenue surged 148% year-over-year to $984 million, surpassing its…
