Big news about Palantir, a tech company! Its CEO, Alex Karp, recently sold lots of his company's stock. This made some investors worried. It's like when you sell your favorite toy – it might mean you think its value will go down.
- Karp sold $45 million worth of stock recently.
- Other Palantir employees also sold lots of stock.
- Palantir's stock price dropped by 30% after reaching a high point.
- Government spending cuts might hurt Palantir's business.
Fact | Number |
---|---|
Stock sold by Karp (recent) | $45 million |
Stock price drop | 30% |
Palantir's employee growth (2 years) | 98 employees |