Shares of Palantir Technologies Inc. PLTR, +1.15% were tumbling more than 13% in premarket trading Monday after the software company posted a surprise adjusted loss on a per-share basis and delivered revenue guidance that fell short of the consensus view. The company reported a net loss of $176.7 million, or 9 cents a share, compared with a loss of $138.6 million, or 7 cents a share, in the year-earlier quarter.
Palantir stock slides after earnings as revenue forecast falls short