Palantir Stock Whipsaws After ‘Otherworldly’ Q3—Has the 400% AI Rally Finally Met Its Match?
Key facts (Nov 4, 2025) What’s happening today (4.11.2025) Palantir (NASDAQ: PLTR) swung lower in early U.S. trading despite recording another blockbuster quarter and hiking guidance, as investors reassessed lofty AI valuations after a year‑long melt‑up. Pre‑market quotes showed the stock down nearly 7% to $192.97 as of 5:57 a.m. ET, versus Monday’s record close at $207.18. MarketWatch+1 The wobble came alongside a broader tech pullback. One market strategist summed up the mood, saying “the market is overbought” and there’s “a lot of overvalued stuff…concentrated in tech.” Reuters Earnings in focus Palantir’s Q3 revenue climbed 63% year over year to $1.18B, with adjusted EPS of $0.21, both