PLTR Holds $157 After 18% Drop
NASDAQ:PLTR Faces Volatility as Insider Sales and Valuation Fears Pressure Momentum
Palantir Technologies Inc. NASDAQ:PLTR entered September trading with renewed volatility, slipping to $156.71 after touching an August peak of $190.00. The stock remains up nearly 400% year over year, yet the pullback of 18% from highs has reignited debate over valuation. Short-seller commentary from Citron Research comparing Palantir unfavorably to OpenAI compounded pressure, highlighting risks of its lofty multiples.
Insider Transactions Spark Confidence Questions
Concerns intensified after CEO Alex Karp sold roughly $63 million worth of shares in 2025, a move that many investors interpreted as reduced leadership conviction. Insider selling has been…
