The Economic Times News

Palantir stock hit by yet another high-profile sell-off is this the red flag every holder should watch?

Palantir stock is sliding after repeated 2025 sell-offs as Ark Invest trimmed over $185 million in July and CEO Alex Karp sold 585,000 shares worth $96 million, while Michael Burry placed puts on 5 million shares. PLTR fell 22% from its $207.52 peak despite Q2 revenue hitting $1 billion and Q3 guiding to $1.1 billion. Valuation stays stretched at a 415.95 P/E.