Palantir Stock Tanks 10% As CEO Alex Karp’s Sell Plan, Defense Budget Cuts Spark Sell-Off – Palantir Technologies (NASDAQ:PLTR)
Palantir Technologies Inc PLTR stock plunged 10% on Wednesday after CEO Alex Karp adopted a new trading plan to sell nearly 10 million shares over the next six months. As if that wasn’t enough, reports surfaced that the Pentagon—one of Palantir’s biggest clients—has been ordered …