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Palantir“六连跌”!成为“做空焦点”!纳指两连跌,科技股遭遇“获利了结”
美股IPO·2025-08-21 03:28

Core Viewpoint - Palantir's stock has experienced a significant decline of over 18% from its recent peak, marking the longest consecutive drop since April 2024, resulting in a market capitalization loss of $73 billion [1][5][12]. Group 1: Stock Performance and Market Reaction - The recent sell-off in technology stocks has led to profit-taking among investors, particularly affecting high-flying stocks that had previously driven index gains [3][10]. - Palantir's stock has fallen for six consecutive trading days, with a total drop of over 18%, pushing it out of the top 20 U.S. companies by market capitalization [12][11]. - The stock's decline has been attributed to a report from short-seller Citron Research, which criticized Palantir's valuation as disconnected from its fundamentals [8][11]. Group 2: Short Selling and Market Dynamics - Since early June, short positions in Palantir have increased by approximately 10 million shares, leading to over $1.6 billion in paper profits for short-sellers during this downturn [1][16][14]. - Despite the recent drop, Palantir's stock has still risen 106% year-to-date, making it the best-performing stock in the S&P 500 [15]. - The short interest in Palantir has decreased from nearly 5% a year ago to about 2.5%, indicating a shift in market sentiment among short-sellers [15]. Group 3: Valuation Concerns - Analysts have raised concerns about Palantir's high valuation, with a forward P/E ratio of 193 times, making it appear particularly expensive compared to peers [13][12]. - Citron's founder, Andrew Left, suggested that Palantir's stock price should be significantly lower based on its fundamentals, especially when compared to AI leaders like OpenAI [12][13]. - The overall market sentiment reflects a re-evaluation of high-valuation stocks, with many investors locking in profits and reallocating funds to cheaper sectors [10][9].