Palantir: We Were Wrong

Summary of Key Points - The company closed its short position in Palantir (NASDAQ: PLTR) after a stock rally of approximately 40% since early April [1] - The decision to close the position resulted in a loss for the company [1] - The Bears of Wall Street community focuses on providing research with a bearish sentiment on companies that are perceived as overvalued or weak, particularly those with declining businesses and poor growth prospects [1]