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BTCC / BTCC Square / Global Cryptocurrency /
Palantir CEO Lashes Out at Short Sellers as Stock Tumbles

Palantir CEO Lashes Out at Short Sellers as Stock Tumbles

Author:
Global Cryptocurrency
Published:
2025-11-08 00:20:03
25
1
BTCCSquare news:

Palantir Technologies Inc. (PLTR) CEO Alex Karp has launched a scathing attack against short sellers, including prominent investor Michael Burry, following a 13% weekly decline in the company's stock. The data analytics firm's shares have retreated after Burry—famous for predicting the 2008 housing crash—disclosed a short position against Palantir.

Karp accused short sellers of 'market manipulation' in a November 7 interview, claiming Burry's trade aims to 'screw the whole economy.' The outburst comes as Palantir's valuation reaches 416 times forward earnings estimates, despite the stock's 135% year-to-date gain through 2025.

The controversy highlights growing tensions between growth companies and bearish investors during a period of elevated tech valuations. Palantir's data analytics platforms remain widely used by governments and corporations globally, though its premium pricing has drawn increasing scrutiny from short sellers.

|Square

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