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Chris Markoch

Why Palantir Stock Fell After Another Strong Quarter

Palantir Michael Burry PLTR MarketBeat United States

Palantir Technologies (NASDAQ: PLTR) delivered another stellar earnings report after the market closed on November 3. Nevertheless, ongoing concerns about the company’s valuation, combined with the disclosure of a massive options trade against the company, sent PLTR stock down by almost 7.5% in early trading the day after the earnings release.

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