Palantir shares slip about 7% below record high ahead of Q3 earnings
The gist
Palantir stock fell 1.56% to $193.73 on Oct 29, roughly 7% below its $209.05 record close.
Options traders price a double-digit swing after the Nov 2 report.
How it unfolded
- Aug 3, 2026Palantir reported stronger-than-expected second-quarter earnings; shares have climbed 56% since then.
- Oct 9, 2026Palantir reached a record closing high of $209.05.
- Oct 15, 2026Mizuho raised its price target to $245.00 with an Outperform rating.