Investor Michael Burry repeats warning on Palantir after calling stock ‘a sand castle’
Michael Burry, the famous “Big Short” investor, has once again sounded alarms over Palantir Technologies, describing the company’s stock as “a sand castle” and highlighting its prolonged decline. In a post shared on social media platform X (formerly known as Twitter) Burry shared a chart noting Palantir had made a “new lower low” after a “low volume top,” adding the phrase: “rock rock til you drop.” Palantir shares traded near fresh 52-week lows on Tuesday, pressured by a broader selloff in software and artificial intelligence stocks.
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