​“Most Expensive Stock I’ve Ever Seen”: Palantir Smashes Estimates But Stock Fades After Hours Surge As Valuation Questions Swirl – Tyler Durden

“Most Expensive Stock I’ve Ever Seen”: Palantir Smashes Estimates But Stock Fades After Hours Surge As Valuation Questions Swirl Palantir, which after Nvidia is perhaps the current AI bubble’s most symbolic stock trading at a forward PE of over 300x, reported Q3 earnings which saw the company beat on the top and bottom line and boosted its revenue guidance for the full year; beating the average analyst estimate, sending the stock to fresh all time highs although the after hours action has been decidedly soggy with the stock first surging 7% before reversing all gains.  The company, whose market cap…  — Continue at ZeroHedge News : Read More