Palantir Technologies shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued guidance for Q3 and FY23.
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies reported lower than expected Q2 revenue results and issued guidance for Q3 and FY23, causing its shares to trade lower.
August 08, 2023 | 2:23 pm
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NEGATIVE IMPACT
Palantir's stock is trading lower due to worse-than-expected Q2 revenue results and future guidance.
Palantir's lower than expected Q2 revenue results and the guidance for Q3 and FY23 have negatively impacted investor sentiment, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100