Palantir stock falls despite Q4 outlook beating Wall Street estimates amid US government shutdown worries

Palantir's (PLTR) fourth quarter outlook came in above Wall Street's expectations Monday despite some analyst concerns over impact from the ongoing US government shutdown. Shares fell over 6% in premarket trading, to almost erase the 7% jump that came in the immediate wake of the report. Palantir said it foresees revenue of just over $1.3 billion for the fourth quarter, ahead of the $1.2 billion projected by Wall Street analysts tracked by Bloomberg. The defense tech firm expects to see an adjusted oper ...