Palantir stock falls amid valuation concerns despite Q4 outlook beating Wall Street estimates

Palantir (PLTR) stock fell Tuesday as Wall Street analysts debated whether its latest solid earnings report justified its soaring valuation. Shares fell over 6% in premarket trading, to almost erase the 7% jump that came in the immediate wake of the report. Palantir's fourth quarter guidance came in above Wall Street's expectations Monday after the bell despite some analyst concerns over impact from the ongoing US government shutdown. Palantir said it foresees revenue of just over $1.3 billion for the ...