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Palantir stock drops after Q3 earnings
Palantir shares opened down 4%; a market commentator said revenue beat expectations and guidance rose, but bookings growth slowed.
TLDR
Palantir shares started trading November 3 down 4% after earnings. A market commentator noted a strong revenue beat and raised guidance, but attributed the sell-off to slowing bookings growth, saying investors are punishing that detail in high-valuation AI stocks.
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