US EditionPalantir Shares Drop in Europe Despite Earnings Beat
8 Articles
8 Articles
Despite excellent quarterly results, shares of American software company Palantir remained remarkably stable on Wall Street on Monday. It…
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PressNewsAgencyPalantir shares drop in Europe despite earnings beat
Palantir Technologies fell almost 6 per cent in early Frankfurt trading on Tuesday, as another strong quarterly update from the U.S. tech group failed to extend its record-breaking rally.The company, which has more than doubled in value this year, forecast fourth-quarter revenue above analyst estimates on Mon
The US defence company was down 5.7% in pre-market trade on Tuesday morning, despite the publication of results above expectations. It is beginning to raise concerns about its out-of-standard valuation.
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A record, a setback – and a confident CEO: the Palantir share fluctuates even though sales continue to explode. Corporate CEO Alex Karp sees this as not a warning signal, but the proof of Palantir's exceptional strength. Palantir convinces – share falls nevertheless Although Palantir Technologies raised its annual sales forecast to $4.4 billion and thus the analyst estimates for sales in the [...] The post Palantir share under pressure: record f…
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