Palantir CEO dumps $2 billion in stock while price hits $155 - here's why
Key Points
- CEO Alex Karp's $2 billion stock sale at Palantir raises que...
When your own CEO sells $2 billion worth of company stock, it's either supreme confidence in diversification or a masterclass in perfect timing. Alex Karp's recent selling spree at Palantir Technologies has investors wondering which category this falls into.
The Numbers Don't Lie (But They're Screaming)
Palantir's stock has doubled this year, reaching around $155 per share, making it the poster child for AI investment mania. The company posted impressive 50% year-over-year revenue growth, with commercial revenue up 49% and government contracts growing 47%. Sounds fantastic, right?
Well...
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