Palantir slumps as a lockup expiration opens 80% of its shares for trading

Palantir’s stock sank on Thursday as a lockup expiration allowed 80% of the company’s shares to trade on the open market. Citi analyst Tyler Radke warned of a potential fall due to the lockup expiration in a note to clients in January. Cathie Wood, CEO of Ark Invest, said she still believes Palantir is headed […]