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Michael Burry Sends a Strong Warning to Palantir Stock Investors
Summary by verdenews.com
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5 Articles
+2 Reposted by 2 other sources
Michael Burry sends a strong warning to Palantir stock investors
Michael Burry has never been shy about naming his targets. He put a specific number on just how far he thinks one of the market’s hottest AI stocks could fall, reviving a fight he has waged against the company for more than a year now. The warning landed even as the company itself keeps posting…
Michael Burry Says Palantir's $432 Billion Valuation Could Fall Below $100 Billion
Michael Burry, the investor famous for calling the 2008 subprime crash, says Palantir's accounting resembles a consulting firm's more than a software company's and that its $432 billion valuation could eventually fall below $100 billion. His case centers on fast-growing receivables, customer concentration, and a scrapped stock buyback, even as Palantir just won a $127 million Army contract.
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