Palantir Stock Investors Just Got Bad News From CEO Alex Karp and the U.S. Government

Palantir Technologies (PLTR -3.13%) was the best performing member of the S&P 500 (^GSPC -0.47%) last year. The stock advanced 340% in 2024 as the company delivered a series of strong financial results driven by demand for its artificial intelligence platform.However, after peaking around $125 per share earlier in February, the stock has since plunged 27% because shareholders received worrisome news from CEO Alex Karp and the Pentagon. Here are the important details.CEO Alex Karp could sell nearly 10 millio ...