Veteran fund manager sounds alarm on Palantir’s stock

Here’s what could be next for Palantir's shares.

Feb 23, 2025 - 22:20
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Veteran fund manager sounds alarm on Palantir’s stock

In three days, Palantir has shed $50 billion in market capitalization.

On Feb. 19, Palantir stock fell by 10.1% on news of Pentagon budget cuts and CEO Alex Karp's stock sale plan. The stock lost another 5.2% and 4.6% in the following two sessions.