Palantir Technologies is trading 3.08% down now at €146.80 after investors reassessed its valuation following the sharp earnings-driven rally.
- Reported exceptionally strong second-quarter results, including 93% revenue growth and 149% U.S. commercial revenue growth, while raising full-year guidance.
- Elevated valuation concerns are prompting profit-taking.
- Broader markets are modestly positive, making market-wide weakness an unlikely primary explanation.