Palantir stock tumbles despite Q3 beat as analysts mull valuation

5 hours ago 1
Palantir Technologies office in Palo Alto, California, USA

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Shares of Palantir Technologies (PLTR) fell about 7% premarket on Tuesday despite third quarter results beating estimates and the company raising its full-year guidance.

However, several analysts showed some concerns about the company's valuation.

"Palantir’s Q3 was another beat-and-raise quarter, but

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