Palantir (PLTR) Stock: Shares Plunge 14% Despite Record Q3 Performance

TLDR Palantir posted Q3 revenue of $1.18 billion, marking 63% year-over-year growth Stock fell 14% after earnings as investors worry about AI bubble and extreme valuation U.S. commercial segment exploded 121% while government revenue grew 52% Company closed 204 million-dollar-plus deals and signed $2.76 billion in contracts Trading at 137x sales ratio despite strong execution [...]

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