Palantir Falls, Novo Nordisk's Metsera Bid, Uber Sinks on 3Q Profits
On this episode of Stock Movers:
- Palantir Technologies (PLTR) shares fall, taking a breather after rallying more than 170% this year. The data-analysis software company raised its full-year forecast and reported third-quarter results that beat expectations. While analysts are broadly positive on the report, they flag concerns over the stock’s premium valuation.
- Novo Nordisk (NVO) is down. The company confirms it has submitted an updated proposal to buy Metsera (MTSR) and says it believes the bid “complies with all applicable laws.”
- Uber Technologies (UBER) shares fell after the company issued a muted adjusted earnings forecast and said legal charges ate into its third-quarter profits.
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