The post Why Palantir Stock Plunged 3% Despite Record Q3 Earnings Beat appeared first on Coinpedia Fintech News
Big data analytics and artificial intelligence (AI) company Palantir Technologies recently released a historical Q3 earnings report, yet its stock (Nasdaq: PLTR) dropped 3% shortly afterwards. Below, CoinPedia explores the core reasons behind this divergence. Summary of Palantir’s record-breaking Q3 earnings report According to the tech firm’s quarterly financial report, revenue came in at $2.31 …