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Palantir Shares Plunge 18% Amid Short Seller Critique

8/21/2025

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Summary

Story summary

Palantir shares dropped 18% after six days of selling, the longest decline since April 2024.
A short seller report criticized the company's valuation, causing a $73 billion market value loss.
Despite this, Palantir is up 106% year-to-date, remaining a top S&P 500 performer.
Investors are looking ahead to product updates and quarterly results for growth indicators.

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Story summary

Palantir shares dropped 18% after six days of selling, the longest decline since April 2024.
A short seller report criticized the company's valuation, causing a $73 billion market value loss.
Despite this, Palantir is up 106% year-to-date, remaining a top S&P 500 performer.
Investors are looking ahead to product updates and quarterly results for growth indicators.