Palantir Shares Fall Premarket Amid Valuation ConcernsStock Market News From Nov. 4, 2025: Nasdaq Falls as Big Tech Leads Market LowerLast Updated:14 hours agoByMauro Orru, Dow Jones NewswiresPalantir Technologies shares were down in Tuesday's premarket as investors became skeptical about how far the stock can rise after a fivefold increase over the past 12 months, Kathleen Brooks, research director at XTB, wrote in a note.Palantir shares closed 3.4% higher at $207.18 on Monday ahead of third-quarter results. Shares were trading down 7.3% at $192.11 in Tuesday's premarket. Quarterly figures are better than expected, Brooks said, but market concerns over Palantir's valuation are taking the front seat. The stock price has more than doubled since the year began.