Here's Why Palantir's Stock Crashed After Earnings

By Parkev Tatevosian, CFA – Nov 10, 2022 at 10:11AM

NYSE: PLTR

Palantir Technologies

Market Cap

$48B

Today's Change

(-1.25%) -$0.27

Current Price

$21.32

Price as of April 25, 2024, 10:45 a.m. ET

The company's revenue is slowing as businesses curtail capital investments.

Palantir (PLTR -1.25%) reported third-quarter earnings results that displeased investors. The company's revenue growth is slowing as businesses reduce expenses. This video will detail Palantir's third-quarter earnings results that caused the stock price to fall.

Stock prices used were the afternoon prices of Nov. 7, 2022. The video was published on Nov. 9, 2022.

Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies Inc. The Motley Fool has a disclosure policy.

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