Palantir Stock Down 20%. May Fall 74% More As AI's Payoff Stays Low
1. Palantir's stock declined 20% after a peak of $190. 2. CEO Alex Karp sold significant stock holdings, increasing investor concern. 3. Short sellers claim Palantir is 74% overvalued compared to peers. 4. Palantir's second quarter report exceeded expectations with a revenue increase of 48%. 5. AI investment returns are low, creating market skepticism around Palantir's growth.