Previous Close | 7.0000 |
Open | 4.2000 |
Bid | 3.5500 |
Ask | 3.7000 |
Strike | 18.00 |
Expire Date | 2024-05-31 |
Day's Range | 4.2000 - 4.2000 |
Contract Range | N/A |
Volume | |
Open Interest | 13 |
Shares of Palantir Technologies (PLTR) fell sharply during Tuesday's trading session after reporting its first quarter earnings results. Despite surpassing revenue estimates by posting $634.34 million, beating the projected $615.85 million, the company's weaker-than-expected full-year outlook cast a shadow over its performance, weighing heavily on shares. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
U.S. stock indexes rose on Tuesday, extending their recent run on expectations that the Federal Reserve will cut interest rates this year, while a drop in Walt Disney shares following quarterly results limited overall market gains. Walt Disney fell 9.7%, on track for its biggest percentage fall since November 2022, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Palantir reported Q1 earnings that climbed 60% while the software maker's revenue guidance came in slightly above expectations.