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

Seeking Alpha2021-02-19

Palantir Technologies Inc. 's direct listing in September unusually included a lockup period, which expires today. Insiders were only allowed to sell 20%of their shares in the listing, which means the remaining 80% are open for trading today. Palantir shares aredown 5.8%pre-market.

Palantir has faced valuation concerns with shares closing yesterday at about 274% above its direct listing reference price.

Soros Fund Management will continue exiting its position that amounted to  18.46M shares as of November, when the fund said it regretted the investment and "does not approve of Palantir's business practices."

The fund said at the time it had sold all the shares it could and would keep selling,when permitted.

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评论81

  • In the list
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  • U know what to do when u see Soros 
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  • Soros [开心] [开心] [开心] [开心] 
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  • NCM
    ·2021-02-22
    Buy
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    收起
    • CT张
      No money buy
      2021-02-22
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  • ctxion
    ·2021-02-21
    Pump abd dump by WSB
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  • naan
    ·2021-02-21
    Sad for innocent investors[生病] 
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  • reeve
    ·2021-02-21
    Short term ok. Long term wise, there are better one than this....
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    • hoa
      thats true, its a chance to buy more on discount
      2021-02-22
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  • KHYAP
    ·2021-02-21
    Buy PLTR
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  • Darrylyd
    ·2021-02-21
    Im adding 🙊
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    收起
    • KHYAP
      Good
      2021-02-21
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  • SLabcd
    ·2021-02-21
    Good news
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  • Shifeng
    ·2021-02-20
    We need to know the number represented. Even company can be wrong about their future, but passion remains the driver to change the world! 
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  • Yatxdarius
    ·2021-02-20
    Finally 
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  • Bradan
    ·2021-02-20
    Ok
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    收起
    • Bradan
      Nice
      2021-02-20
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  • Venus888
    ·2021-02-20
    Will go up in long run if company do well in profit
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    • hoa
      it will go well in the long run
      2021-02-22
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  • meowmeowme
    ·2021-02-20
    It depends on what the big funds will with their portion of shares... 
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  • 6b05a50
    ·2021-02-20
    Interesting buy, please help to like and comment.
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  • Fynn_SG
    ·2021-02-19
    💕💕💕
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  • Mango123
    ·2021-02-19
    ???? 
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  • SamuelNg
    ·2021-02-19
    bubble burst?
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  • AndhyLee
    ·2021-02-19
    long long
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