Alex Karp said if he were fired from Palantir, he'd move to his "hermit-like location" and focus on his hobbies.

Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold nearly $2 billion worth of company shares last year, with the bulk of sales taking place in a single month around the presidential election.

Palantir Technologies (NASDAQ:PLTR) shares had a brutal day, sinking 10% during regular trading and tumbling another 5% after hours. Investors

It's like, there's this one issue where I might, and then you get boxed into, you cannot solve the problem. And then I would say, what is the biggest problem in this society? Biggest problem in this society from my perspective is legitimacy of our institutions.

Palantir (PLTR) shares continued their downward spiral on Thursday, Feb. 20, dropping more than 5% and stoking concerns that one of retail traders’ most beloved tech picks may be losing steam. The decline adds to Wednesday’s 10% plunge — the stock’s worst single-day performance since May 2024 — after shares briefly touched an all-time high earlier

CEO Alex Karp has moved to sell $1.2 billion worth of the data analytics company’s stock. Discover the Best Stocks

Cathie Wood’s Ark Invest is continuing its selling spree in Palantir Technologies (PLTR). Last week, the closely watched fund manager offloaded another more than $47 million worth of PLTR stock as part of a broader portfolio reshuffling.